Jones Trading Chief Market Strategist Mike O’Rourke and Anthem Vault CEO Anthem Blanchard took to Fox Business to discuss their viewpoints on gold in 2015.
Blanchard speculates that gold will hover “around $1,300 this year.”
“We saw gold really rise in all major currencies last year, in 2014. I think we’re going to continue that trend,” added Blanchard.
“I do expect to see gold do quite well,” said Blanchard, who explained that gold thrives in a zero-interest rate environment, which he said the Federal Reserve will continue and surprise the market.
Watch the entire interview below.