The Federal Reserve needs to hold gold and keep it at a decent level otherwise their 3 year plan will turn to dust. I would think POG will not fall under $1750/oz over the next 3 years. I would think POG will likely range $2100 - $1750 for some substantial time as the FED is trying to minimise inflation to <2% and not get any deflation.
Many US banks were expecting $2100/oz in 2021. Let's see how that plays out.