{"id":62223,"title":"Why gold could reach highs of $25,000 via Kitco NEWS – Video","publisher":"Share Talk","author":"sharetalk","published":"2019-09-19T09:59:00+00:00","modified":"2019-09-19T09:59:56+00:00","canonical_url":"https://www.share-talk.com/why-gold-could-reach-highs-of-25000-via-kitco-news-video/","markdown_url":"https://www.share-talk.com/why-gold-could-reach-highs-of-25000-via-kitco-news-video.md","json_url":"https://www.share-talk.com/why-gold-could-reach-highs-of-25000-via-kitco-news-video.json","category":"Mining","categories":["Mining"],"tags":["Franco-Nevada.","Gold","Kitco NEWS","Pierre Lassonde"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2022/03/st-holder.jpg?fit=1536%2C1024&quality=89&ssl=1","format":"news","language":"en-GB","content":"Gold’s trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada.\n\n \n\n \n\n“If I use the compounded annual growth rate over 50 years, that’s got to give you a pretty good idea of where the gold price is going to go, and if you use that number, you get $12,500 in 30 years’ time,” Lassonde told Kitco News on the sidelines of the Denver Gold Forum. Lassonde added that applying the annual average growth rate from 1970, the long-term projection would be $25,000.\n\nKitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets.\n\nFor more breaking news, visit [http://www.kitco.com/](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=http%3A%2F%2Fwww.kitco.com%2F)\n\nFollow us on social media: Facebook – [https://www.facebook.com/KitcoNews/?r…](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Fwww.facebook.com%2FKitcoNews%2F%3Fref%3Dbr_rs)\n\nTwitter – [https://twitter.com/kitconewsnow](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Ftwitter.com%2Fkitconewsnow) Google+: [https://plus.google.com/u/0/116266490…](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Fplus.google.com%2Fu%2F0%2F116266490328854474588)\n\nStockTwits – [https://stocktwits.com/kitconews](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Fstocktwits.com%2Fkitconews)\n\nLive gold price and charts: [http://www.kitco.com/gold-price-today…](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=http%3A%2F%2Fwww.kitco.com%2Fgold-price-today-usa%2F)\n\nLive silver price and charts: [http://www.kitco.com/silver-price-tod…](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=http%3A%2F%2Fwww.kitco.com%2Fsilver-price-today-usa%2F)\n\nDon’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: [https://connect.kitco.com/subscriptio…](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Fconnect.kitco.com%2Fsubscription%2Fnewsletter.html) Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: [https://gold-forum.kitco.com/](https://www.youtube.com/redirect?v=EBsSg3R1d5o&event=video_description&redir_token=FCT0zj0B67nuHBeUFm83U8v-gT18MTU2ODk3MjE5OEAxNTY4ODg1Nzk4&q=https%3A%2F%2Fgold-forum.kitco.com%2F) Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.\n\n "}