Watcher.Guru: U.S. Millionaire Says Gold Prices "Will Go Very High"
Millionaire and veteran investor in the U.S. markets Jim Rogers predicted that gold prices “will go very high” next. The XAU/USD index, which tracks the Spot Gold prices shows the precious above the $2,300 mark on Thursday. The commodity is attracting buying pressure from retail investors, institutional funds, and central banks of developing countries.
The massive accumulation is what’s driving gold prices up making it print new highs every month in 2024. Rogers explained that if there’s a problem in the stock market, gold prices stand to benefit and will be the first commodity to skyrocket.
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