Will the price of gold reach 2000 USD per Oz

Spot gold price capture fr Goldprice.org

In the late situation the gold price reach USD 1819 per troy oz. Will the price of gold reach 2000 USD per troy Oz?

This question is the current trend topic during coffee break in the mining industry so far.

It might happen, maybe not, depending on the situation on the situation in the global market that requires gold as the main exchange rate. Therefore the influence of many factors that can not influence each other. This is very unique and volatile now.

According to news sources reported by various sources, including Kitco.com, Goldprice.org, metalsdaily.com, invesment.com, mining.com and local sources that I found that the state of the corona virus pandemic is very dominant affecting the world economy.

Finally the most affected effect is the food sector, then industry including the gold metal. That way the edge of the impact of a very depressed economic situation is making gold prices creep up, even predicted to peak in the last 8 decades. Perhaps this increase can reach above USD1800 continuously. This is the most special event in the last few years.

A significant increase in the price of gold in recent days indicates that there is a tendency to reach the highest peak in USD 2000.

Reason of Forecast To Gold Price Climb.

Many reasons for the increase in gold prices lately, among them is that the corona virus, the low activity of the mining world, market downturn, and less aggressive suppliers of goods on the market.

Thus making a graph that is quite soaring in the share increase of the graph