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HomeTagsGold market trends

gold market trends

Central Banks Gold Purchases Reached 220 Tonnes in Q3

In recent months, central banks have significantly increased their gold purchases, totaling 220 tonnes in the third quarter of the year, a notable spike compared to the previous period's 166 tonnes.This trend underscores a broader strategy among these institutions aimed at enhancing their gold reserves while navigating an unpredictable economic landscape marked by inflationary pressures and geopolitical tensions.

Gold Price Forecast: UBS Strategist Sees $4,700 Ahead

The gold price forecast has captivated investors and analysts alike as the precious metal continues its impressive ascent.Following a notable rebound of 2.48% against the U.S.

Gold Price Surge Hits New Heights with $4,371 Record

The recent gold price surge has captivated investors and analysts alike, reaching an astonishing $4,371 in the COMEX December futures markets.This landmark achievement not only establishes gold as the first asset to surpass a market capitalization of $30 trillion, but it also reaffirms its status as a premier safe-haven investment.

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