BNP Paribas Head of Strategy predicts gold price may rise to $6,000 within the year

Wilson, Head of Commodity Strategy at BNP Paribas, stated that due to macroeconomic and geopolitical risks, the price of gold may rise to $6,000 per ounce by the end of the year, and the gold-silver ratio is expected to increase. He pointed out that although the gold-silver ratio is below the average level of the past two years, it has already rebounded. The rise in gold is logical, while silver's ability as a safe haven is weaker. In addition, the outlook for gold is also supported by continued purchases from central banks around the world.