Wall Street analysts are less optimistic about gold prices next week due to concerns that U.S. inflation will be higher than expected. Global spot gold prices fell last week after a hot day due to the political conflict between Israel and Hamas since early October. The precious metal remained above $1,930 an ounce, but failed to cross the threshold. Mental resistance is $2,000. A Kitco News survey of 12 Wall Street analysts and 319 retail investors found that these two groups have different …
The price of gold is predicted to continue falling rapidly
Wall Street analysts are less optimistic about gold prices next week due to concerns that U.S. inflation will be higher than expected. Global spot gold prices fell last week after a hot day due to the political conflict between Israel and Hamas since early October. The precious metal remained above $1,930 an ounce, but failed…
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