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Gold Tops $3,000 as BofA, Citi Stay Bullish
News March 17, 2025 at 03:30 PM
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What You Need To Know
- Consumer confidence has plunged, inflation expectations have surged, and analysts have been hiking their price targets.
- Investors are net buyers of physically-backed gold ETFs this year, after selling them for the past four years.
- A striking feature of gold’s two-year bull run is that it has come despite a surge in interest rates.
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