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'New bullish phase'? As gold hits another high, analysts say more records are in sight

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Summary
Nutrition label

84% Informative

Gold is in a "new bullish phase" after prices notched another record high, Sprott Asset Management says.

The price of the yellow metal advanced to a fresh record high of $ 2,700 per ounce on Monday .

A growing chorus of analysts have predicted that the price of gold will continue to rise to $ 3,000 .

VR Score

91

Informative language

93

Neutral language

76

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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