07 Feb 2023 05:11 (7 jam lalu) -
(Kitco News) The precious sector will do well this year, with gold and silver expected to gain around 14% by the end of 2023, but platinum will see the biggest returns, according to StoneX. Despite some recent profit-taking, the set-up for gold is very much a bullish one, said StoneX analyst Rhona O'Connell during a webinar. The U.S. dollar outlook, geopolitical tensions, stagflationary worries, and a sudden surge in central bank gold buying will boost prices to record highs in many currencies, including the U.S. dollar. StoneX's year-end gold price target is $2,070 an ounce, up 14.2%. This would mark a new record high in U.S. dollar terms ...