Fidelity Predicts $4,000 Gold as Fed Cuts Rates and Dollar Weakens

Gold has already broken records this year, trading well above $3,000 an ounce for the first time in history. Now, Fidelity International says the rally might not stop here. Their analysts believe gold could climb to $4,000 per ounce by 2026 if current trends continue. The influence of the combination of forces pushing this courageous appeal to a U.S. consumer is being observed as the U.S. Federal Reserve governors have been cutting interest rates, the decrease in the strength of the U.S. dollar, and the resolute central bank purchases all over the world.