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Bloomberg/Justina Vasquez/2-26-2020
“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.”
USAGOLD note: At $1800, Goldman upgraded its target price by $200 and joined the group of analysts who have cited gold of late as possibly ending up the last man standing among the primary portfolio assets.
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