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Crashing gold price could still rally to record high before year-end: Citi – Motley Fool Australia
Don’t throw in the towel just yet on gold. While the gold price is tumbling, it could yet hit new highs by December.
Motley Fool Australia » Gold » Crashing gold price could still rally to record high before year-end: Citi Don’t throw in the towel just yet on gold. While the price of the precious metal is tumbling, at least one broker is predicting new highs for gold by December.
If this comes to pass, it will be welcomed news for ASX gold miners as the waning gold price dragged these stocks lower.
The Evolution Mining Ltd(ASX: EVN) share price crashed 4.5% to $5.58, Newcrest Mining Limited(ASX: NCM) share p…
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