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What is the predicted future price for gold according to analysts?

According to financial analysts featured on WION News, gold is predicted to reach an unprecedented milestone of $3,000 per ounce in the near future. This would mark the first time ever that the yellow metal has achieved such a high valuation. This bullish prediction comes amid a complex market landscape characterized by muted performance in Asian shares while European stock indices, particularly in the defense sector, have been surging. The anticipated gold price surge appears to be influenced by ongoing geopolitical tensions that are reshaping market dynamics and investor strategies.

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01:52

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Gold Price Predictions and Market Sentiment

WION·7 months ago

Answered in this video

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00:21

What is driving the surge in European stocks to lifetime peaks?

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00:12

What is the term analysts have coined to describe the current state of defence businesses?

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00:04

What concerns do investors have regarding trade wars in commodity markets?

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00:13

What caused the recent decrease in Brent oil prices?

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