The gold price has jumped because of dovish central banks, technical indicators, negative-yielding bonds and fears of a military strike between the US and Iran. Getty Images
The gold price has jumped because of dovish central banks, technical indicators, negative-yielding bonds and fears of a military strike between the US and Iran. Getty Images

Money

Gold to hit $1,600 in the next 12 months

The commodity is back in favour on the back of global trade tensions and dovish central bank policies

Bloomberg

June 23, 2019