Deutsche Bank Bullish on Gold to $6,000, Could Even Challenge $6,900

BlockBeats News, January 27th, Deutsche Bank analysis pointed out that in the scenario of a weakening US dollar this year, the price target of gold reaching $6000/oz is achievable. Referring to the outperformance of the past two years, the gold price may even have the potential to move towards $6900/oz. In addition, regarding silver, the bank believes that even if the gold-silver ratio sees a pullback later on, the absolute price of silver may still maintain its upward trend. (FX678)