Peter Hug’s gold price target for Christmas; ‘constructive’ but watch these risks

Kitco News, Released on 12/11/20 Gold has bounced back from its support level of the low $1,800s, and is on track to touch $1,920 by Christmas time, said Peter Hug, global trading director of Kitco News. 0:00 – Fiscal stimulus 5:06 – Equities 7:06 – Gold’s macro drivers 9:28 – Gold price levels to watch […]

Peter Hug gives his short-term and long-term outlooks for gold

Kitco News, Released on 11/25/20 What is the short-term trend for gold? Is the long-term outlook still positive? How much, if any, of the metals should be in your portfolio now? Peter Hug, global trading director, answers these questions. 0:00 – Gold price short-term outlook 6:35 – Gold price long-term outlook 12:46 – Physical bullion […]

Peter Hug: Gold Goes Higher Because More Stimulus Must Come

Kitco News, Released on 10/23/20 The stimulus will happen no matter who wins and that is good for metals and gold, said Peter Hug, Kitco’s head of the precious metal division. Hug spoke to Kitco News Thursday as Republican and Democrat leadership continued negotiating a COVID-19 stimulus package in excess of $2 trillion. Some Republican […]