Retired Franco-Nevada Chairman Sees Gold Reaching $2,400 by 2028

March 13, 2023 11:52:52

Chairman emeritus of Franco-Nevada and CEO of Fireside Investments Pierre Lassonde believes that gold will trade at as high as $2,400 per ounce by the year 2028. The precious metal will see its value soar as nations such as Russia get rid of the U.S. dollars they hold after the greenback was weaponized following the Kremlin’s invasion of Ukraine, Lassonde said.

The former chairman of gold-focused royalty and streaming company Franco-Nevada Corporation suggested that…

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