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Gold prices sudden drop shows why it s tough to remain bullish right now

Gold’s swift drop to the lowest since March has highlighted a tough truth for the precious metal there’s a growing list of reasons to be gloomy.

sovereign gold bonds: Gold@1-month low Should you subscribe to 5th tranche of SGBs opening on Monday?

Gold News : Gold prices may cross Rs 1 lakh! Rates will double in 5 years

Gold Outlook News : सोने (Gold) किमतींबाबत अनेक अंदाज बांधले जात आहेत, पण क्वाड्रिगा इग्निओ फंड (Quadriga Igneo fund) हाताळणाऱ्या डिएगो पॅरिलाच्या भाकीताने खळबळ उडाली आहे. पुढील तीन ते पाच वर्षांत सोने 3,000-5,000 डॉलर प्रति औंसपर्यंत वाढू शकते, असा त्यांचा विश्वास आहे. ज्यांना सोन्यात गुंतवणूक करायची आहे त्यांच्यासाठी ही चांगली बातमी आहे. (Gold News)

What Was the Highest Price for Gold? | Gold s Top Level

Gold has long been considered a stable means of storing wealth, and the gold price often scores its biggest gains during turbulent times as market participants rush into this well-known safe haven investment. Unarguably, the 21st century has so far been heavily marked by substantial episodes of economic and sociopolitical turbulence. These uncertain times have pushed the gold price to record highs as investors seek the perceived security of the precious metal. And each time the gold price rises, there are bound to be calls for even higher record-breaking gold prices. Gold market gurus from Rob McEwen to Frank Holmes to David Smith have shared eye-popping predictions on the gold price that would make any market participant salivate gold bug or not.

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