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Gold to hit new highs next year – Reuters ...News
Bullion finished 2023 at $2,063 an ounce, climbing more than 13% year-on-year Gold prices are expected to rally further in 2024 as lingering uncertainty about the prospects for the global economy spurs safe-haven demand for the metal, Reuters reported this week, citing industry experts. Bullion finished the year at $2,063 per ounce, surging more than 13% year-on-year in its first annual gain in three years, and hitting an all-time high of $2,110 per ounce earlier this month. Prices have been rallying for more than two months, driven by investor demand in the wake of recession fears and expectations of interest ra
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