November 10, 2021
By 2024, gold price will double, silver will more than triple, here’s why
Gold and silver are both headed much higher, if prices continue to follow a 7-year arc pattern, said Patrick Karim of Northstar & Badcharts.
Should the arc hold, gold should be trading at 250% higher than its 2017 level, translating to $4,200 an ounce by 2024, Karim told David Lin, anchor for Kitco News.
Silver would see even more upside, trading at 350% higher than its 2017 level by 2024, implying a $77 an ounce 3-year price target.