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The biggest bad news out there’: Gold eyes US-China trade tensions next week

The biggest bad news out there': Gold eyes U.S.-China trade tensions next week Gold prices are back in the rally mode Friday, rising above $1,750 an ounce, with analysts looking for more gains next week as U.S.-China trade tensions ramp up and the economic data worsens. The rise in U.S.-China tensions is "the biggest bad news out there," and gold tends to rally on that, said Gainesville Coins precious metals expert Everett Millman. 74% of retail investor accounts lose money…

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There’s one major reason why you shouldn’t sell gold right now strategist says

There’s one major reason why you shouldn’t sell gold right now, strategist says Gold prices have recently hovered at seven-year highs after the U.S. killing of Iranian military commander Qasem Soleimani, which spiked tensions between Washington and Tehran in the Middle East. Analysts have been broadly bullish on gold of late, with Goldman Sachs setting a base case for it to trade at $1,600 per troy ounce (toz) in the coming months. GP: Gold and Silver Casting at the Perth…

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