Gold down nearly $200 in Q1: Is 'strongest price rally' next?

Published: 02 April 2021
on channel: Kitco NEWS
36,042
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After the worst start to the year in almost four decades, can gold see its strongest rally yet? Let's take a look at our top 3 stories from this week.

3. Gold could not ignore the rising yields, which had wrapped up their own worst quarter since 2016 when Donald Trump won the presidential election. https://www.kitco.com/news/2021-03-30...

2. President Joe Biden unveiled his $2 trillion jobs plan to transform the U.S. economy. The spending plan spans over eight years and will be paid for by raising the corporate tax rate to 28%. https://www.kitco.com/news/2021-03-31...

1. Wells Fargo is calling for gold's 'strongest rally' as it projects a $2,200 gold price target for this year. "Gold supplies have flipped from excessive to deficient. Such times in the past have sparked some of gold's strongest price rallies," Wells Fargo said. https://www.kitco.com/news/2021-03-29...
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