As the market volatility eases, an exceptional surge in the gold prices is imminent. By June, it is predicted to hit an overwhelming $6,200 per ounce. This anticipated leap is credited to a combination of factors including the easing market volatility, heights in inflation and rock-solid industrial demand for precious metals. According to UBS’ Schnider, the strategist behind this prediction, the ‘yellow metal’ is looking beyond its traditional role. It’s venturing into the territory of industrial metals which forecast further gains. These are certainly glittering times for gold and other precious, industrial metals! Read More
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