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Why gold prices could soar another 20% next year, according to top Wall Street forecasters

From aol.com

Gold's hot streak that boosted the metal to records could push on through 2026. That's according to forecasters on Wall Street, many of whom are expecting the precious metal to continue its record-setting rally and climb as much as 20% in 2026. Another double-digit increase for gold would be a tall order, considering that bullion has seen one of its best runs in decades this year. The metal traded around $4,187 an ounce on Wednesday, up 57% year-to-date. That gain has been fueled by a cocktail of bullish forces, like increased central bank buying, stubborn inflation, and investor concern about the strength of the US ... (full story)

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  • Category: Fundamental Analysis