Juerg Kiener, Swiss Asia Capital’s managing director, expects that the price of gold may surge to $4,000 an ounce next year as fears of recession and hikes in interest rates fuel market volatility. In a recent interview with CNBC, the chief investment officer stated that the precious metal’s price could range between $2,500-$4,000 in 2023.
Kiener explained that in the first quarter of next year, many economies could experience a recession, which may…
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