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NOISY MARKET

NOISY MARKET: The gold price continues to grab financial headlines, having set several records this year and also retreating as the news flow either amplified or decreased policy uncertainty. Amid the noise, Goldman Sachs raised its year-end gold target to $3100/oz on central-bank buying and inflows into bullion-backed exchange-traded funds. Photograph: Bloomberg

Photo by Bloomberg

28th February 2025

     

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NOISY MARKET: The gold price continues to grab financial headlines, having set several records this year and also retreating as the news flow either amplified or decreased policy uncertainty. Amid the noise, Goldman Sachs raised its year-end gold target to $3100/oz on central-bank buying and inflows into bullion-backed exchange-traded funds. Photograph: Bloomberg

Edited by Creamer Media Reporter

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