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Comment: In the race to reduce emissions we need to be playing by the same rules

Gold Decline "Merely a Stumble" Say Respected Economic Analysts

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Goldman Sachs says gold's price consolidation has created an opportunity for investors and expects the price of gold to reach $3,150 by next year.
The article from The Jerusalem Post discusses the current trends and dynamics in the precious metals market, focusing on gold, silver, platinum, and palladium. It highlights how geopolitical tensions, economic uncertainties, and inflation rates are driving investors towards these safe-haven assets. Gold prices have seen a significant increase due to its role as a hedge against inflation and currency fluctuations. Silver, while also benefiting from these factors, is noted for its industrial applications, particularly in electronics and solar panels, which adds another layer of demand. Platinum and palladium, crucial for the automotive industry due to their use in catalytic converters, face supply constraints and fluctuating demand influenced by the electric vehicle trend. The article also touches on market forecasts, suggesting that while precious metals might continue to be attractive for investors, their prices could be volatile due to various global economic factors.

Read the Full The Jerusalem Post Blogs Article at [ https://www.jpost.com/business-and-innovation/precious-metals/article-830943 ]