‘Just a Matter of Time’ Before Gold Gets to $3,000 an Ounce, Says Bloomberg Strategist

In recent months, the price of gold has seen a significant uptick, approaching $2,500 per ounce. This surge in gold’s value has caught the attention of investors and analysts alike, particularly as traditional equity markets show signs of volatility and uncertainty. On August 12, Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence, shared his insights […] source: https://www.cryptoglobe.com/latest/2024/08/just-a-matter-of-time-before-gold-gets-to-3000-an-ounce-says-bloomberg-strategist/