Gold Analyst Says Rally Is Short-Term, Prices Will Recede To $1,600 By Year's End
Gold has rallied over the past month, but it's a short-term rally, according to one analyst.
If the global economy finds its feet over the second half of 2020, safe haven purchases of gold are likely to ease substantially, with the commodity's price falling back to $1,600 by the end of 2020.