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Gold Rally Intensifies Amid Geopolitical Tensions; Bitcoin Interest Grows
Gold Rally Intensifies Amid Geopolitical Tensions; Bitcoin Interest Grows
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Gold's rally accelerates as geopolitical instability drives investors toward safe-haven assets. Bank of America projects a surge to $4,000/oz within a year, while Goldman Sachs forecasts $3,700 by year-end and $4,000 by mid-2026. Central bank accumulation and Middle East tensions—particularly Israel's airstrikes on Iranian targets—are fueling the momentum. Gold currently trades NEAR $3,395, up 30% year-to-date.
Meanwhile, a blockchain group secured €7.2 million to expand Bitcoin holdings, signaling growing institutional interest in crypto as a hedge. Though gold briefly pared gains, sustained demand is expected amid unresolved global conflicts.
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