Deutsche Bank is bullish on gold, expecting it to reach $6,000, and possibly challenge $6,900.BlockBeats News, January 27 — Deutsche Bank analysts pointed out that in the context of this year's dollar weakening, a price target of $6000 per ounce for gold is achievable. Based on the overperformance in the past two years, gold prices could even advance toward $6900 per ounce. Additionally, regarding silver, the bank believes that even if the gold-silver ratio experiences a correction later on, the absolute price of silver may still maintain its upward trend.
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Deutsche Bank is bullish on gold, expecting it to reach $6,000, and possibly challenge $6,900.BlockBeats News, January 27 — Deutsche Bank analysts pointed out that in the context of this year's dollar weakening, a price target of $6000 per ounce for gold is achievable. Based on the overperformance in the past two years, gold prices could even advance toward $6900 per ounce. Additionally, regarding silver, the bank believes that even if the gold-silver ratio experiences a correction later on, the absolute price of silver may still maintain its upward trend.
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