Gold price to rise to $2 000/oz by year-end, says Velocity Trade Capital

Gold is back in favour and producers are ready to take advantage of this, which is informing global equity, foreign exchange and precious metals broker dealer Velocity Trade Capital’s bullish outlook for the sector.   The company’s bull case projects gold climbing back to $2 000/oz by the end of this year and a sustainable rise to $2 500/oz by 2025, with peaks of $3 000 /oz possible.