Is the bull market in gold not over yet? Fidelity sees it going as high as $4000, betting on a dovish Fed and a weak dollar.

According to the Zhitong Finance and Economics app, Fidelity International stated that with the Federal Reserve cutting interest rates to stimulate the US economy, the weakening of the US dollar, and central banks around the world continuing to increase their holdings of gold, the price of gold may reach $4,000 per ounce by the end of next year.