Gold prices could reach $2,000 by the end of the year, strategist says

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Gold prices could reach $2,000 by the end of the year, strategist says
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Gold prices could reach $2,000 by the end of the year, according to one strategist.

Gold prices are set to "reach $2,000 by the end of the year," predicts David Roche, president and global strategist at London-based Independent Strategy.

Roche recommends investors hold gold in their portfolios, alongside some European fixed income and U.S. Treasurys. An employee arranges one kilogram gold bars at the Perth Mint Refinery in Perth, Australia, on Aug. 9, 2018.Gold prices can continue to climb even after they hit a multi-year high last week, a global investment strategist said Monday.

In fact, prices are set to "reach $2,000 by the end of the year," predicted David Roche, president and global strategist at London-based Independent Strategy.

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