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Gold could echo the 70s spike but today's rally is built on real demand, Goldman Sachs analyst says
Gold prices have surged this year, but the rally remains rooted in real demand, not hype — and could still have room to run, according to Goldman Sachs. Gold, a haven asset, has climbed about 65% in ...
Bridgewater Associates founder Ray Dalio said investors should be allocating as much as 15% of their portfolios to gold (GLD), (XAUUSD:CUR). Gold spot price (XAUUSD:CUR) is currently trading at $3,973 ...
Just like for silver, every major gold rally since 1971 has been during a time of US dollar decline. The gold bull market of the '70s started after the 1966 Dow/Gold top, whereas the current bull ...
Gold's dizzying surge this year is built on solid demand fundamentals, not hype, a Goldman Sachs analyst said. Central banks and private investors are loading up on gold amid Federal Reserve rate cuts ...
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