CNBC, Friday, 24 July 2020 – Gold Price Could Exceed $2,000 Before Year End

Our Managing Partner, Joshua Rotbart, was invited to speak on CNBC Capital Connection on July 24th, 2020. If current market conditions persist and amid the coronavirus pandemic, gold prices will hit the $2,000 mark before the end of the year, and will appreciate even more, said Joshua. He briefed that USD slump leads to higher gold demand, as people see gold as an alternative to USD. Joshua highlighted the recent rally in gold price as the current situation is pushing investors to buy gold. He further emphasized that the world’s state of economies is fragile, and that if one big company goes bankrupt, it may ignite a chain reaction, which no one can predict its effects. (Watch the full video: Online)