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Tariff Fears Push Gold To All-Time Highs; Goldman Sees Upside To $3000 Target

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by Tyler Durden
Friday, Feb 07, 2025 - 04:25 PM

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Gold prices hit an all-time high of $2,885/toz this morning...

...with tariff fears driving positioning to the 91st percentile since 2014, consistent with Goldman Sachs' estimated 7% peak boost to gold prices as a tariff hedge.

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