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Go for gold, it will rally to a record next year: Goldman Sachs
short by Debaroti Adhikary / on Monday, 18 November, 2024
Goldman Sachs analysts advised investors to "go for gold" as it is set to hit new records next year. Higher demand from central banks and US interest rate cuts will boost the rally in gold prices, the analysts said, while listing gold among the top commodity trades for 2025. Notably, spot gold prices hit record high of $2,790 last month.
read more at Moneycontrol