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SSGA's SPDR Expects Gold Prices to Break Above USD3,000/Oz in Next 1-4 Mths
Recommend 8 Positive 22 Negative 12 |
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State Street Global Advisors (SSGA) SPDR released its monthly gold monitoring report, forecasting that international gold prices will consolidate before reaching USD3,000 per ounce. Gold prices appeared to be consolidating between the higher end of SSGA’s 2025 base case range (50% probability), set at USD2,600-2,900 per ounce, and the lower end of its bull case range (30% probability), set at USD2,900-3,100 per ounce. SSGA leaned toward believing that gold prices will break above USD3,000 per ounce within the next 1-4 months. AAStocks Financial News |
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