Gold Prices: Two Opposite Views, Same Predicted Result

Gold prices pulled back on Tuesday after climbing early going into the midterm elections. The precious metal's price action is drawing the attention of two investment banks which have totally opposite expectations. Wells Fargo predicts gold prices will rally in the next few quarters, while Macquarie is predicting a pullback. However, what's interesting is that despite their opposite commentary, both firms seem to be expecting roughly the same price in the coming months—and it's nowhere near the $10,000 per ounce another gold expert forecasted exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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