The increasing likelihood of the the U.S Congress passing a new 1 trillion Dollar financial aid package might effect the Gold price in the upcoming days.
– Gold price hit a 3 week high last Tuesday
– Wells Fargo’s 2021 outlook webinar took place Tuesday – The bank sees a the global economy growing by up to 5.2% next year. With that being said the Gold price is at $1841 USD today. Wells Fargo still see plenty of potential for Gold price rising to $2100 USD to $2200 USD range by the end of next year.