Economist sees gold rising as high as $3000

GOLD is positioned to soar to historic highs with US$3000/oz not beyond the realm of possibility, says leading global economist David Rosenberg.

Economist sees gold rising as high as $3000 Economist sees gold rising as high as $3000 Economist sees gold rising as high as $3000 Economist sees gold rising as high as $3000 Economist sees gold rising as high as $3000

Image: iStock/Sergey Nivens

Slower global economic growth, exacerbated by the onset of the coronavirus, and artificially low interest rates were pointing to "a very bullish case" for the precious metal and equities this year.