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Goldman Sachs Group Inc. ramped up its gold price forecast to $3,300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded ...
March 26 (Reuters) - Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting that uncertainty arising from U.S. trade policies will continue ...
Gold prices continue to rise as investors treat gold as an investment. Central banks are accumulating gold. Geopolitical risks and inflation concerns drive demand. Analysts predict that gold may reach ...
Gold prices in India are nearing the record Rs 90,000 per gram level after surging past the $3,000 per ounce level in the international markets amid safe-haven buying as investors turned ...
But when the flight to safety is on, gold still gleams. The precious metal has broken through $3,000 per troy ounce, just as it breached $1,000 during the financial crisis of 2008 and $2,000 in ...
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Experts also point out that gold's near-term risk-return payoff is not in its favour. If past price behaviour of gold is any indicator, it appears to be overbought. For instance, a analysis of gold ...
Unless market conditions dramatically change, geopolitical tensions significantly cool or stock market performance starts consistently improving, gold's price is likely to reflect these concerns ...
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