INSIGHTS: Gold Retains Record Highs on Escalating Middle East Tensions
Insights
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Posted 03/10/2024
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Gold prices have reached record highs as tensions escalate between Israel and Iran, driving increased demand for safe-haven assets. With Goldman Sachs forecasting prices to hit $2,900 by 2025, ongoing geopolitical unrest and uncertainty over U.S. economic data and Federal Reserve rate cuts continue to support the gold market’s strong performance.
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