Categories Finance

Goldman Sachs has raised its year-end gold price target to US$3,700 per ounce

Goldman Sachs cite:

  • ongoing global economic uncertainty
  • solid central bank demand
  • increased inflows into gold-backed ETFs, still rising due to recession concerns

Gold hit a record high today:

This article was written by Eamonn Sheridan at www.forexlive.com.

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