BNP Backs Gold to Hit $6,000 an Ounce as Rally ‘Makes Sense’

Gold may climb to $6,000 an ounce by the end of the year and bullion’s ratio to silver is set to rise as macroeconomic and geopolitical risks persist, BNP Paribas...

By Yvonne Man · Bloomberg Markets

Gold may climb to $6,000 an ounce by the end of the year and bullion’s ratio to silver is set to rise as macroeconomic and geopolitical risks persist, BNP Paribas SA’s David Wilson said.