After a period of sustained bearish sentiment, bull markets appear to be returning, predicting higher gold prices ahead. Both Wall Street and Main Street traders are expecting a rise in gold prices over the coming week. This has been confirmed by recent polls conducted among both retail investors and market analysts. With an overall bullish market sentiment, it’s not surprising that gold prices are predicted to escalate. Factors driving this bullish stance include macroeconomic conditions, geopolitical tensions, and erratic currency fluctuations, all of which traditionally drive investors towards the perceived safety of gold. Along with the impending rise in inflation rates anticipated globally, the demand for gold as an asset is certain to increase steadily. Stay tuned to Kitco NEWS for the latest in gold price movements and future projections. Read More
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