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2018 Will Be Unprecedented Time For Gold Prices – Edison Investment Research

Gold bars pile

In an interview with Kitco News, Gibson said that gold prices, if the U.S. central bank is able to unwind its $4.5 trillion balance sheet successfully, could end up falling to $1,010 an ounce next year. However, if the central bank is forced to scale back the pace of its unwinding process, gold could push above $1,400 an ounce in 2018. Read more here