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Long-run gold bull market expected by CPM Group of the US
Given the state of the world politically, economically, financially and socially, the gold bull market is expected to continue in the long run, says Jeffrey Christian of New York-based CPM Group. As metals continue to reach record levels, CPM Group this week also provided a market update on platinum and palladium prices amid US and international events becoming a dominant driver of investment demand.The move away from traditional economic fundamentals was noted along with investor anxiety and renewed buying interest being heightened by rising political uncertainty and strained international relations. It was also ... (full story)
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