Why gold may rebound 13% this year – and what could hold it back
Gold prices may rise at least 13 per cent by year-end in a reversal of recent sell-offs, as diversification demand from central banks remains intact and hopes for a diplomatic solution to Middle East tensions dial back inflation expectations, according to some money managers.
The precious metal could climb to between US$4,750 and US$5,500 an ounce by the end of 2026 in the base-case scenario, according to State Street Investment Management, the US money manager with about US$4.1 trillion of...
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