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It’s a good time to be a gold bug. At the beginning of 2024, gold was trading at around $2,043 per ounce. At the end of last week it was a little higher than $2,330, marking a gain of more than 10%.
To establish a price prediction for gold, Rickards posed a straightforward question: “What’s the implied non-deflationary price of gold under a new gold standard?”
Gold prices traded sideways on Monday as the risk off trade abated and stocks moved higher. Traders now await Fridays Non-farm payroll report which will be the catalyst that drives the value of ...
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Gold prices moved lower on Wednesday as the dollar hit fresh 3-year highs. US yields rose, pushing the dollar index above 101, for the first time since March of 2017. With the dollar gaining ...
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The dollar was mixed. For premium support please call: 800-290-4726 more ways to reach us
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