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Gold demand remains near record highs as central bank buying surges 42% – WGC
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(Kitco News) - The gold market continues to face significant headwinds from higher interest rates and elevated bond yields, but investment demand and stronger-than-expected central bank purchases are expected to provide important support for the precious metal through the end of the year, according to the World Gold Council.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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