Citigroup’s Aakash Doshi expects gold’s rise will slow pendi...

Citigroup’s Aakash Doshi expects gold’s rise will slow pending the Fed pushing ahead with the tapering timeline.

FxEmpire forecasts the possibility of gold hitting $1,900 but expects it to be largely a product of momentum, and could be a long ways away
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Kitco News still considers gold an especially cheap inflation hedge — especially compared to cryptocurrencies. But it warns any potential bling-buyers to watch out for a drop below $1,835 an ounce, which could indicate an end to the rally.

Brokerage company Zaner remains cautious on gold despite some admittedly positive markers: “The bias is up, but gold and silver have exhibited significant chop since the beginning of the year and reversing the downtrend has been difficult.”

Australian bank ANZ feels gold is quite stable at its current level. With low interest rates and expected inflationary pressure, ANZ believes gold should be able to hang around at its elevated price level.
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