David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it “very constructive.”
In his view, it wouldn’t be surprising to see an 8 to 10 percent price increase in the next 30 days.
“I think gold and silver are the next trades to do really well here,” Nicholas said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.