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

Tyler Durden's Photo
by Tyler Durden
Authored...

"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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