Complex sentence: Rickards believes that on an open market, the price of gold would be around $7,000 an ounce and the target price is between $5,000 and $10,000 per troy ounce in current U.S. dollars.
Split into simpler sentences: Rickards believes that on an open market, the price of gold would be around $7,000 an ounce. He says the target price is between $5,000 and $10,000 per troy ounce in current U.S. dollars.