Category: Economy/Finance
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Ronald-Peter Stoeferle’s Gold Price Forecast: $3,000 Target In sight Despite Strong Dollar
Ronald-Peter Stoeferle, an experienced market analyst, has recently predicted that the price of gold shows potential for a surge to the $3,000 target. In spite of the steadily growing strength of the dollar, gold prices remain resilient, hinting at a bullish trend in the market. Stoeferle utilizes Kitco News to share a comprehensive study and…
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Gold Drops as US Unemployment Jumps to 223k | Kitco NEWS
In the midst of rising US jobless claims, which have ascended to a concerning figure of 223K, there seems to be a persistent technical selling pressure on Gold. This correlation exhibits a distressing wave in economic currents. Despite a resilient global economic recovery posture, the US unemployed figures are escalating, casting a shadow over the…