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There is a lot of speculation about gold prices, but Diego Perilla’s prediction has managed a quadriga ignio fund, which has created a sensation.
He estimates that gold could reach -5 3,000-5,000 an ounce in the next three to five years. This is exciting news for those who want to invest in gold. Fund manager Diego’s reasoning behind this estimate is also solid. He says gold prices could reach new highs. This is because the central banks do not know much about the difficulties facing investors due to the relief packages being offered in many countries. This is the same Diego who in early 2016 Predicted Gold was expected to reach a new high within five years.
Gold hit an all-time high of 2,075.47 an ounce last year during the global corona epidemic. However, for some time now it has been hovering around 18 1800 per ounce. He said that there was not much awareness about long term losses due to poor fiscal and fiscal policies. Deliberately lowering interest rates has created asset bubbles that could cause huge losses if they explode, and then make it difficult for central banks to deal with such situations and return to normal.
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