With an unprecedented surge in the previous week’s trading, the price of gold, identified by its forex code XAU/USD, smashed records by charting the largest weekly range ever. Bullish investors and traders aren’t stopping there, with many setting their sights on the phenomenal $5000 mark.
This rally was fuelled by a combination of economic factors and market sentiment, painting a favorable outlook for the precious metal in the foreseeable future. Despite this surge, investors are advised to maintain prudence and closely observe the market trends before making further investment decisions. Read More
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