News
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Precious Metals Market Expansion Fueled by Industrial Growth, Investment Demand, and Renewable Energy
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The global Precious Metals Market was valued at USD 281.46 billion in 2024 and is projected to nearly double to USD 564.96 billion by 2032, growing at a CAGR of 9.1%. This expansion is being driven by a combination of safe-haven investment flows, industrial applications, and renewable energy adoption.
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Goldman Sachs: Gold Could Reach $5,000 if Fed Credibility Collapses
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Goldman Sachs warns that bullion could surge to nearly $5,000 per ounce if the Federal Reserve’s independence is compromised and investors rotate even a small portion of capital from Treasuries into gold.
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Gold Breaks Record Highs, Silver Pulls Back Before Next Leg Higher: Analysts Target $3,700 and $48
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Gold extended its record-setting rally on Tuesday, pushing to fresh highs above $3,500 as investors positioned ahead of an expected Federal Reserve rate cut later this month.
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Gold Nears Record, Silver Tops $40 as Fed Cut Bets Fuel Precious Metals Surge
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Gold and silver are surging as renewed expectations of Federal Reserve rate cuts inject fresh momentum into an already powerful multiyear rally in precious metals.
