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AAAU - Gold Has Surged During The Pandemic But What Does 2021 Look Like?
Goldman Sachs Physical Gold ETF
The bulls are predicting a resurgence in gold price to U.S. $2,300 per troy ounce in 2021.
The gold price has dipped from its August peak. Investors rotated out of safe havens into riskier assets on hopes of a vaccine-induced economic boom next year.
In India, a slower recovery could impact consumer appetite for spending, with unemployment up and some sectors still struggling.