Patrick Tuohy: Gold’s Status Has Changed, Higher Price is Inevitable

Patrick Tuohy, global head of sales and marketing Goldstrom, shares his outlook for gold, saying its position as a store of value has been reestablished.

In his view, the yellow metal has found a new price floor at US$3,000 per ounce.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.