Gold Investors Eye $3,000/Ounce Target Amid Strong Demand

Reported 26 days ago

Gold prices are on the rise, reaching a historic high of $2,572.81 per ounce and potentially heading towards a $3,000 milestone within the next few years, driven by monetary easing, geopolitical uncertainties, and a tight U.S. election race. Analysts predict strong demand from exchange-traded funds and possible U.S. interest rate cuts could further boost gold's performance, marking it as a safe-haven investment in uncertain times.

Source: YAHOO

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