Gold in the 3rd quarter 2021 will bargain in the range of $1700 - $1900 for ounce

We consider that the peak on gold was passed in this cycle last year and further we are expected by lateral dynamics with a tendency to gradual easing. In the third quarter we expect that gold will bargain in the range of $1700 - $1900 for ounce. We believe that pressure upon gold will be put by growth of market rates, a great demand on risk assets thanks to vaccination gathering a course from kovida and to recovery of leading economy, and also expectations of reduction of monetary incentives from the key Central Banks. Gold has high return correlation with real profitabilities of long state bonds of United States of America and dollar...