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Gold has long been a safe-haven asset, attracting investors during periods of economic uncertainty and geopolitical instability. Recently, Goldman Sachs significantly raised its gold price forecast for the end of 2025, projecting that the precious metal could reach $3,100 per ounce.
...The price of gold has been hitting new all-time highs, driven by mounting global uncertainties, central bank demand, and fears over the weakening of fiat currencies. From Wall Street to Main Street, Americans are once again turning to gold as a safe haven during times of economic volatility.
...In a recent episode, RTDtv featured an enlightening interview with Paul Stone, the founder and CEO of Colonial Metals Group. Known for his expertise in precious metals and retirement strategies, Paul Stone brought his in-depth knowledge to the table, offering valuable perspectives on the state of the market, the role of precious metals as part of a diversified retirement, and practical strategies for securing one’s financial future.
...Here’s a quick Spring 2024 gold price update: the yellow metal is on fire. Frankly, we could end the article there. There’s no other way around it. In March alone, prices soared, breaking record after record after gaining 9%, achieving its best month since July 2020 and marking back-to-back quarterly gains.
...After a period of historically aggressive rate hikes, the Fed has again hit the pause button, opting to hold rates steady for a second consecutive meeting. Federal Reserve Chair Jerome Powell cryptically explained, “Slowing down is giving us, I think, a better sense of how much more we need to do if we need to do more.”
...Imagine you’re sipping your morning coffee in your living room on a Saturday morning. That was the reality for thousands of Israelis on Saturday, October 7. Yet, this mundane normalcy changed forever in the blink of an eye.
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