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Investors have flocked to gold this year; what are the prospects for the precious metal in 2025?

publicat 2024-12-20 00:00:22 (Bursa)

Investors have flocked to gold this year; what are the prospects for the precious metal in 2025? * Heraeus Precious Metals: 'With Trump and #39;s return to the US presidency, there is likely to be more uncertainty around trade and tariffs, which should also support the price of gold' * Goldman Sachs: 'If the Fed were to cut interest rates by just 25 basis points (next year), we estimate that the price of gold would rise to $2,890/ounce by the end of 2025' * Konstantin Oldenburger, CMC Markets: 'Gold ETFs have seen consistent inflows since mid-2024, mainly from North America and Asia'

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