$4,800 gold by 2030 ‘sounds pretty realistic’ - Ronnie Stoeferle
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Ronnie Stoeferle believes that the price of gold reaching $4,800 by 2030 is a realistic possibility. Stoeferle is a fund manager and author of the annual 'In Gold We Trust' report. He cites factors such as loose monetary policy, rising inflation, and increasing demand for gold as reasons for the potential price increase. Stoeferle's views are his own and do not necessarily reflect those of Kitco Metals Inc., the publisher of the article. The article also mentions other news related to gold, such as India repatriating over 100 tonnes of gold from the Bank of England to RBI vaults and the impact of crude oil prices on gold and silver.

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https://www.kitco.com/news/article/2024-06-05/4800-gold-2030-sounds-pretty-realistic-ronnie-stoeferle