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Hong Hao: The bottom for silver may be around $75 to $80 per ounce, while the bottom for gold could be below $5,000 per ounce.
BlockBeats News, February 3 — Bloomberg Businessweek’s Person of the Year and two-time China’s Most Influential Economist Hong Hao stated in an interview with CNBC on February 2, “Although it will take some time for things to settle, we believe the bottom for silver is in the $75–80 per ounce range, and the bottom for gold is around $5,000 per ounce or below.”