Peter Hug: $1,320 Gold May Be In The Cards

As gold has rallied into the New Year, a break above $1,302 an ounce could be a bullish signal for gold, said Peter Hug, Global Trading Director at Kitco Metals. “I’d like to see gold close above $1,302, I think that’s an important technical level for me, and I think if it gets to $1,302, I think the $1,320s are definitely in the cards,” Hug told Kitco News. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter -   / kitconewsnow   Google+: https://plus.google.com/u/0/116266490... StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.