7 December 2023
Gold’s prices have fluctuated due to a changing dollar, with recent extreme volatility underscoring its status as a safe-haven asset amid geopolitical events. Greg Weldon of Weldon Financial suggests that, with low current investment in gold and expectations of a weakening dollar and rising inflation, now might be an opportune time to invest in gold. He predicts a significant rise in gold prices if they cross the $2,060 threshold, given its inverse relationship with the dollar and real interest rates.