Gold to still hit $2,300 in 2021, but silver and platinum to outperform — MKS

  • 01/28/2021
  • Source: Kitco
  • by: Anna Golubova
Gold to still hit $2,300 in 2021, but silver and platinum to outperform — MKS
(Kitco News) All precious metals will see solid gains this year, but the likeliest best performers will be silver, followed by platinum and gold, said Frederic Panizzutti, managing director at MKS.

Despite a slower start to the year, gold is still on track to hit new all-time highs, Panizzutti told Kitco News last week.

"We expect gold to perform well. Gold to reach new highs at $2,300. All in, platinum, silver, and gold would be the top three performers," he said.

"Both silver and platinum have been lagging. This gap could attract some investment and speculative interest".
Gold and silver's gains will come irrespectively of the timing of the economic recovery.

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