Gold could surpass $3,000 amid market volatility, strong demand, says Goldman Sachs

Gold could surpass $3,000 amid market volatility, strong demand, says Goldman Sachs

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As gold prices reach unprecedented levels in 2024, topping $2,400 an ounce last month, Goldman Sachs forecasts a potential rise to over $3,000 by year’s end, driven by robust demand and global economic uncertainties. The surge in gold prices has been significantly driven by the active participation of central banks and consumer demand in Asia, […]

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