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Video: Gold in Middle of Week August 3-7, 2020

August 5, 2020 at 10:53 by Vladimir Vyun

In the present video, Phil Carr from The Gold and Silver Club talks about gold in the middle of the week of August 3–7, 2020. He starts the video by discussing the rally that has brought bullion to new record highs recently. Phil then speculates where prices may go next, reminding that August is historically a strong month for gold. In the end, he remains bullish on the metal but advises to wait for prices to break the $2,000 barrier (which they have already done) to confirm that the upside momentum remains in place.

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