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Goldman Sees Virus Fear Lifting Gold to $1,800 as 'Last Resort' Haven

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3-2-20

Goldman Sachs Group Inc. boosted its gold forecast to $1,800 an ounce as the coronavirus, depressed real rates, and increased focus on the U.S. election continue to drive demand for the metal as a haven.

The bank raised its 12-month projection by $200, and said “in the event that the virus effect spreads to Q2, we could see gold top .....

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https://www.newsmax.com/finance/markets/goldman-virus-gold-haven/2020/02/26/id/955895/?ns_mail_uid=f62996cc-1158-4349-b28c-5f296d713624&ns_mail_job=DM94365_03012020&s=acs&dkt_nbr=0105028nzizu