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Gold could dip to US$1,200/oz by 2022: Fitch

Gold was one of the shining stars of 2020, but it will come back to earth with a bump next year, according to Fitch Ratings’ analyst Oliver Schuh.

Gold could dip to US$1,200/oz by 2022: Fitch Gold could dip to US$1,200/oz by 2022: Fitch Gold could dip to US$1,200/oz by 2022: Fitch Gold could dip to US$1,200/oz by 2022: Fitch Gold could dip to US$1,200/oz by 2022: Fitch

The price of gold is predicted to slump to US$1,200/oz by 2022

Schuh forecasts gold will retreat to US$1,400/oz in 2021 before falling further to $1,200/oz in 2022 - 34% below current price levels.