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Gold Can Reach $4500 By Year-End; UBS, JPMorgan, & Goldman Upgrade Precious Metals Outlook

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by Tyler Durden
Monday, Apr 14, 2025 - 02:02 AM

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"Gold is uniquely positioned to hedge recession risk."

That's how Goldman Sachs Commodity Research group concludes their note upgrading they year-end gold price forecast to $3,700, with an upside tail-risk scenario of $4,500.

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