Home Gold seen higher at $1800 due to Fed’s QE – Goldman Sachs

Gold seen higher at $1800 due to Fed’s QE – Goldman Sachs

Published date: 24 Mar. 2020 | 03:17

Analysts at Goldman Sachs is out with their outlook on gold, in light of the US Federal Reserve’s (Fed) unlimited quantitative easing (QE) announcement.

Key quotes:

Gold is close to an inflection point following the Federal Reserve increased QE

Reaffirms their target of $1800 for gold.

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