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Gold Could Start Climbing Toward 5,000, Says Standard Chartered's Cooper
Bloomberg Television· 2026-08-03 19:09
4,200 is your price target for gold. We are, though, seeing a Fed that doesn't seem as willing to cut as it once was. What gives you the confidence that there are still more gains to go for the precious metal.There's a few factors here. When we're looking at the gold market, those structural are are still very much intact. And here, we're looking at the central bank demands.We're also looking at that wider investor appetite to want to buy gold, and those drivers are still very much there suggesting that inv ...