If the current easing continues, balance sheet expansion, QE, interest rate cuts (to hold the economy up during COVID-19 outbreak) then we should easily see above 1920..
However, if the market genuinely tanks and we enter a recession, gold will temporarily fall with equities too. But shouldn't expect much of a drop below 1525.
However, if the market genuinely tanks and we enter a recession, gold will temporarily fall with equities too. But shouldn't expect much of a drop below 1525.