Giovanni Staunovo: The gold target for the next 12 months is $5,400

According to CNBC, Giovanni Staunovo, a major commodity analyst of the United States of America (UBS), predicts that the price of gold will rise to $5,400 per ounce over the next 12 months, influenced by the size of the United States debt exceeding $40 trillion and the weakening of the United States dollar。