Category: NYSEARCAGLD
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Gold rally may not be over yet, to peak at $2,450 in Q4, ING says (NYSEARCA:GLD)
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monsitj/iStock via Getty Images Gold joined the global sell-off in equity markets earlier this week, but should regain its footing in an environment of continued geopolitical uncertainty and expectations of U.S. interest rate cuts, according to ING commodity strategist Ewa Manthey this week. The bank Monthly update. Gold is still…
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Gold dips on weak U.S. jobs report but analysts see more record highs ahead (NYSEARCA:GLD)
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monsitj/iStock via Getty Images Gold futures ended lower on Friday, reversing earlier gains, as part of a general sell-off in riskier assets after a weak U.S. jobs report raised concerns that the Federal Reserve’s hold on interest rates could cause a real economic slowdown. the prices U.S. stocks briefly rose…