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Gold Stocks: Primed to Break Their Former High...starting Now!
Chances of Correction in Gold Prices Increase – TDS
Gold Price Trading Close to Its All-time High – Commerzbank
Prospects of interest rate cuts boost the price of gold, and gold bulls cheer.
According to the CFTC data, net long positions in gold have reached the highest level in over four years. UBS Group predicts that by the fourth quarter of this year, the price of gold will rise to $2600, while Citigroup predicts that it will rise to $3000 by next year.
Gold Extends Rally as Geopolitical Risks Boost Haven Demand
With the interest rate cut confirmed in September, will metals start a new round of upward trend?
The market has responded more positively to Powell's dovish remarks at the JH meeting on Friday.
