GOLD SEEN REBOUNDING TOWARD $5,000/OZ Analysts say gold could still rally back toward $5,000/oz this year, though a $6,000/oz peak now look…
GOLD SEEN REBOUNDING TOWARD $5,000/OZ
Analysts say gold could still rally back toward $5,000/oz this year, though a $6,000/oz peak now looks unlikely. Rick Kanda of The Gold Bullion Company says continued central bank buying could support prices, but shifting macro conditions have weakened gold’s safe-haven appeal versus last year. Futures are currently steady around $4,353/oz.
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