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Message: [QUOTE="Fresh Forex, post: 235808, member: 53126"] [HEADING=1][CENTER][b]Golden predictions come true![/b][/CENTER][/HEADING] [CENTER][img]https://freshforex.com/netcat_files/Image/46feb95debaf18d00cc8bf89486b4870.png[/img][/CENTER] [b]Gold prices (XAUUSD) have reached a new all-time high, surpassing $2,550 per ounce for the first time in history.[/b] [url=https://cutt.ly/herEjtza]Our long-term forecast from April 18, 2024[/url], is coming true, with gold rising over $120 per ounce and steadily pushing towards new records. [CENTER][img]https://freshforex.com/netcat_files/Image/effb126dc5fef9e4d26d980348a58351.png[/img][/CENTER] [b]Factors driving gold prices and expert opinions:[/b] [list] [*][b]Major central bank purchases:[/b] Gold prices are rising due to significant metal purchases by central banks, boosting its value. [*][b]Geopolitical instability:[/b] Increased geopolitical instability, particularly in the Middle East, is driving demand for gold as a safe haven. Ongoing conflicts in various regions also contribute to the rising prices. [*][b]Fed rate cut expectations:[/b] Investors anticipate a potential rate cut by the U.S. Federal Reserve, making gold a more attractive option. According to CME, there's a 75.5% probability of a rate reduction from the current 5.25–5.5% to 5–5.25%, enhancing gold's appeal. [*][b]Growth projections:[/b] Analysts at ING and other financial institutions predict that gold prices will peak in the fourth quarter of this year, potentially reaching $2,700 per ounce by year-end and $3,000 in the long term.[/list] [b]Trade 13 precious metal contracts with a favorable leverage of 1:1000 with FreshForex![/b] [CENTER][url=https://cutt.ly/Vw2hlMeS][b][size=150]Buy gold till it's too late[/size][/b][/url][/CENTER] [/QUOTE]

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