Gold will Fall by Year-End as Inflation Eases while the U.S. Economy Grows

Gold will fall to $1800 by year-end as inflation eases while the U.S. economy grows – Capital Economics Ernest Hoffman Monday September 18, 2023 15:51 (Kitco News) – Gold is expected to fall to $1,800 per ounce by the end of the year as the US economy continues to grow and inflation pressures ease, according to analysts at Capital Economics. “Since rising to around $2,000 per ounce on safe-haven demand (due to concerns about the stability of banks in the US and Europe) in March-May this year, the price of gold has fallen,” the analysts said in a recent report. “According…