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Record prices and surging demand set to continue for gold and silver
Despite the gold price continuing to hit record levels, forecasters remain confident that demand for the precious metal will continue to rise well into the future. Gold is currently sitting at US$2,288 per troy ounce, jumping again overnight after US Federal Reserve chair Jerome Powell suggested that rate cuts are more than likely this year. Although Mr Powell remains circumspect on when any rate changes may be made, many analysts are suggesting the first may come as early as June. While US monetary policy is currently having a significant impact on gold pricing, longer-term matters are also playing a role in keeping ... (full story)