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Tuesday, July 28, 2020

.@GoldmanSachs Warns US #Dollar's Role Is at Risk as #Gold Prices Surge - Bloomberg

#Gold's record-breaking rally highlights growing concern over the world economy.

Goldman raised its 12-month forecast for gold to $2300 an ounce from $2000 an ounce previously. That compares with a value of around $1950 currently.

The bank sees U.S. real interest rates continuing to drift lower, boosting gold further.


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