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2024-10-22 09:22:14
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cnbc.com_5 on Nostr: Summary of 'New bullish phase'? As gold hits another high, analysts say more records ...

Summary of 'New bullish phase'? As gold hits another high, analysts say more records are in sight



The source article:
'New bullish phase'? As gold hits another high, analysts say more records are in sight


Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other bullish calls for the bullion to scale new highs.

https://www.cnbc.com/2024/10/22/new-bullish-phase-as-gold-hits-another-high-analysts-say-more-records-are-in-sight.html

Gold has entered a new bullish phase, driven by factors like central bank buying, rising US debt, and a potential peak in the US dollar. Analysts predict that the price of gold will continue to rise to $3,000, with some expecting it to cross $2,800 in the next three months.
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