Bloomberg

As gold smashes records, forecasters ask whether peak is near

A 20 kilogram gold brick is handled by a worker at the ABC Refinery smelter in Sydney, New South Wales, Australia. Foto: Bloomberg photo by David Gray

Gold has just smashed a record, and every major bank agrees that it'll cross $2,000 an ounce. What happens next is where forecasts diverge.

JPMorgan Chase & Co. says the rally that has already seen prices rise 27% in 2020 could start to lose steam later this year. Goldman Sachs, Citigroup and Bank of America aren't ready to call it quits just yet, with the latter seeing the metal soaring to as high as $3,000 an ounce...

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