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Gold may hit $5,000 an ounce as central banks, Asian buyers drive demand

viaeconomictimes.indiatimes.com21 Oct
Gold may hit $5,000 an ounce as central banks, Asian buyers drive demand
Gold prices are predicted to stay elevated between USD 4,200 and USD 5,000 per ounce over the next two years. Central bank purchases and strong demand from Asian markets are driving these prices. While US interest rate movements traditionally influence gold, their impact is diminishing. Increased…

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