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  • The gold price rally is not over; UBS is calling for $2700 by next year

The gold price rally is not over; UBS is calling for $2700 by next year

Gold Price: $2,344.19 News: RBI relocates 100 tonnes of gold from UK to its Indian vaults

Your weekly summary of the most important gold news and analysis of the last week.

Gold price USD/OZ: $2,344.19 [View live gold price.]

Change from last week: $5.70 (0.24%)

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Gold news

“As much as Western investors want to ignore the gold market, there is no denying that we are seeing a generational shift in the marketplace.”

$27,000 Gold by James Rickards

”I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000.”

World news

🇨🇳 China

🇬🇭 Ghana

“The flagbearer of the New Patriotic Party (NPP), Dr Mahamadu Bawumia, has promised to stabilise the local currency if he is elected president in the December 7 polls.”

🇮🇳 India

🇲🇲 Myanmar

“Believing they would not make a profit if they sold at the price set by the junta-run Myanmar Gold Entrepreneurs’ Association, gold merchants in Myanmar’s largest cities closed up shop.”

🇹🇷 Türkiye

🇦🇪 United Arab Emirates

🇻🇳 Vietnam

🇿🇼 Zimbabwe

Gold Weekly features curated articles from various sources and is not financial advice. For advertising and news submission requests, contact us.

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