Here's where gold prices could head this spring, according to experts | Metals Mine

  • Here's where gold prices could head this spring, according to experts

    From cbsnews.com

    Gold prices may be down from where they were a month or two ago, but they're still coming in at over $5,000 per ounce — among the highest prices ever seen for the precious metal. Experts say demand is largely coming from central banks looking to steer clear of risky dollar-denominated assets (and more toward safer stores of cash, like gold). But individual consumers looking to diversify, protect against inflation, and build long-term wealth also play a role. The question is, how long can this high demand hold? And will gold prices keep up their rally in the near term, or is a downturn on the horizon? We spoke with ... (full story)

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