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Galaxy Securities: The logic for the long-term rise in Gold prices remains unchanged; investors should take advantage of price corrections to position in the Gold Sector.
Galaxy Securities stated that the logic for the medium to long-term rise in Gold prices remains unchanged and recommends positioning in the Gold Sector during pullbacks.
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Gold is expected to continue to "shine magnificently!" Goldman Sachs bets that the soaring gold price will hit 4000 dollars.
The increasingly strong demand for Gold from central banks worldwide has structurally raised the "Gold to Silver ratio," and it is expected that Gold Trade prices will continue to outperform another much cheaper Precious Metal—Silver.