"Bank of America (BofA) has raised its gold price forecast to $US3000 ($4751.10) an ounce over the next 18 months in a report titled, ‘The Fed can’t Print Gold’.This is a 50 per cent jump on its previous 18-month target of $US2000 an ounce.
BofA predicted that the precious metal could reach the price of $US2063 by 2021, which translates to $3267.63 at the exchange rate at the time of writing."
The mind boggles at what it would mean for Australian goldies if we had those sorts of prices.
Golden days?, page-2
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Last
$1.76 |
Change
-0.110(5.88%) |
Mkt cap ! $397.3M | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.83 | $1.68 | $1.939M | 1.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111506 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 1100 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| CYL (ASX) Chart |