Gold Posts 66% Annual Gain with Support Above $4,300, Analyst Eyes $5,000
Gold surged 66% this year to hold support above $4,300 per ounce, marking its strongest annual performance since 1979 as persistent inflation spurred demand. After U.S. forces removed Venezuela’s Maduro, gold prices rebounded to test key support at $4,139, prompting analysts to set a $5,000 target.
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Sources
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