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CIBC slashes gold price forecasts but sees recovery to $5,200 in 2027 as central bank demand offsets Fed headwinds
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(Kitco News) - Gold prices remain stuck in neutral, clinging to support around $4,100 an ounce as inflation pressures drive bond yields and the U.S. dollar higher; however, one Canadian bank remains bullish on the precious metal over the longer term, even as it significantly lowers its price forecasts through the end of the decade.
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