Downside risks are building in gold, but prices still have a path to $5,000 - State Street’s Doshi - Kitco
Downside risks are building in gold, but prices still have a path to $5,000 - State Street’s Doshi - Kitco
Source: Kitco
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DW NOTE
State Street sees $5,000 gold while noting "downside risks." The metal is already down 23% from its January high of $5,318 despite eight months of a closed Strait of Hormuz and oil at $109. The downside risk isn't building — it's been realised.