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Central banks have been actively and massively buying gold over the last few years. In its report published this week, UBS highlighted the sustained interest in gold by central banks, underscoring its...
Investing.com-- Gold prices fell slightly in Asian trade on Friday, staying largely rangebound as traders remained biased towards the dollar ahead of key inflation data that is likely to factor into...
Investing.com - ABN Amro has published a cautious outlook for the gold price until the end of 2024 and maintains its year-end forecast of $2,000 per ounce. Currently, one ounce of gold costs...
Baystreet.ca - Equities in Toronto opened lower on Wednesday, hurt by declines in precious metal prices, but gains in energy and materials shares kept losses in check. The TSX Composite Index declined...
yolowire.com - Commodities analysts at BankofAmerica (NYSE: BAC) are forecasting that gold’s price will reach $3,000 U.S. per ounce within the next 12 to 18 months. The outlook is based on...
RBC (TSX:RY) Capital Markets analysts said they maintain a cautious stance on gold, considering it overvalued after reaching record highs last month. “We think that gold is overvalued from the...
U.Today - Veteran trader Peter Brandt recently posed a thought-provoking question to his 729,500 followers on X (formerly Twitter), asking whether the current Bitcoin chart will develop into a daily...
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) - Gold's lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for...
Gold prices could surge up to $3,000 over the next 12 months, Citi analysts said, as a combination of strong physical demand, central bank purchases, and macroeconomic factors continue to support a...
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) -China, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs...
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