Gold and Silver Set for New Highs After Brief Pause, Experts Predict

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Source: CNBC
Gold and Silver Set for New Highs After Brief Pause, Experts Predict
Photo: CNBC
TL;DR Summary

Gold, silver, and copper have recently hit record highs, driven by factors such as a weaker U.S. dollar, lower Treasury yields, and strong demand from China. Despite a slight pullback, analysts expect these metals to continue their upward trend, with gold potentially reaching $2,600 per ounce by year-end. Silver, benefiting from both investment and industrial demand, is also poised for further gains. Copper, supported by supply constraints, is projected to rise significantly over the next 12-18 months.

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