Why gold's $220 surge is not over

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Gold is making some big strides, rising above $1,900 an ounce for the first time since January. And gold bulls now want to see the $2,000 an ounce gold price target happen.

Some of the main triggers behind the move are a weaker U.S. dollar and crypto volatility. Here's a look at Kitco's top three stories:

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So much good content packed in a video that is less than 2 minutes. Great work.

stayblessedalways

Remember however that while people search for a solid hedge against inflation, there is plenty of gold out there... but there is a shortage of silver. I think Silver will soon be a rocket ship.

trueconspiracies

You would never know it from the lackluster performance of some mining stocks....

rhwinner

They've been saying 5, 000 to $20, 000 gold price since 2009 when Q E started, it has never happened and likely never will, perhaps three thousand would be the max

elf

volatility is high but uptrend is still there, you have to stack the physical gold or wide stop loss otherwise, you will get blow out even you predict the right thing

renetopeka

Sleepy has just announced $6 trillion being printed, this should drive gold above 2100 minimum

DuBmonkey

That is a funny perspective, you could also say it is down $280 from its All time high in July from last year.

loumnar

Go Anna! Keep talking that Gold price UP👏

vm-bzcd

Kitco is my favorite economic news organization

theTeflonDon

Gold or bitcoin? Easy
Would u choose a God made gold or human made "gold"? I trust the god more than human

pangpang

Down to the nitty gritty in 2 min. 👍🏼🥂🍾

Myscentsei

GOLD prices will skyrocket to $2, 200 in this June. Just too many conditions favoring gold prices recently.... such as ultra-low interest rates, Biden's legendary $6 trillion budget proposal for 2022, real yields get more negative due to the increasing hyperinflation, the unlimited QE's since the last Mar. 2020, all commodities' prices soaring, and the crypto prices tumbled recently due to trading bans by many central banks, all forming the perfect storms for the skyrocketing gold prices !!!

chih-kaichang