Over the last month, gold prices have roundtripped gains making new record highs as several major banks have issued optimistic research noites on the price of the precious metal:
Gold Can Reach $4500 By Year-End; UBS, JPMorgan, & Goldman Upgrade Precious Metals Outlook
10 Reasons Why Goldman's Trading Desk Is Quietly Buying Gold
Goldman: Buy Gold Not Bonds— "The 60/40 is Dead"
Gold To Hit $4000 As China Continues To Secretly Buy Much More Than It Reports: Goldman