Gold could surpass $7,000 after jumping 70% last year, SAMCO Securities says

After gold prices hit an all-time high of $4,880 an ounce earlier this week and will rise nearly 70% through 2025, domestic brokerage SAMCO Securities has set a long-term target of around $7,040, indicating significant upside potential as the current cycle unfolds.The broker said the new peak confirmed the strength of gold’s underlying technical structure […]