Billionaire investor John Paulson sees gold near $5 000 by 2028
Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced his commitment to US mining projects The price forecast is one of the most bullish yet as banks and others move to increase their own estimates after gold hit a record high just above $3 500 last week. Deutsche Bank, for one, expects bullion to hit $3 700 an ounce by next year.
Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced his commitment to US mining projects The price forecast is one of the most bullish yet as banks and others move to increase their own estimates after gold hit a record high just above $3 500 last week. Deutsche Bank, for one, expects bullion to hit $3 700 an ounce by next year.
