Greenback

Gold Eyes $2,000 Amid Greenback Exodus, Surging Government Debt

December gold futures peaked at $1,978.00/oz. Wednesday, just one day after touching $2,000/oz. for the first time. The U.S. dollar index is trading at two-year lows. A gloomy Fed outlook continues to boost demand for precious metals. Gold’s haven rally continued on Wednesday, with futures eyeing an imminent return to $2,000 amid a slumping dollar…