Gold to Rise to $1,650 by 2Q 2020: UOB Private Bank

The video discusses setting a new economic target of $1650 per ounce by the second quarter of 2020. It explains the late stage of the economic cycle, where central banks cut interest rates, leading to a search for safe investments. Due to low inflation, investors are focusing on safeguarding their assets, particularly through gold, as interest rates decline.

What are investors looking at due to the lack of inflation?

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What is the target price for gold per ounce by the second quarter of 2020?

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