David Nicholas: Gold’s Next 30 Days — 10 Percent Price Pop?

David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it “very constructive.”

In his view, it wouldn’t be surprising to see an 8 to 10 percent price increase in the next 30 days.

“I think gold and silver are the next trades to do really well here,” Nicholas said.

Don’t forget to follow us @INN_Resource for real-time updates!

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.