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USAGold's January 'News & Views': Will gold return to all-time high in 2023?
From News & Views
USAGold.com
Centennial, Colorado
Tuesday, January 3, 2023
In 2022 gold held its own while the rest of the investment universe was taken to the woodshed. So what will 2023 bring? Is gold setting the stage for a return to all-time highs at $2075 per ounce?
Many prominent analysts think that might be the case, particularly in light of the strong finish to 2022.
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If gold does return to all-time highs in 2023, fund and institutional interest will likely be a key catalyst. Over much of 2022, that sector has been a net seller of gold, as reflected in the 17% reduction in stored gold stockpiles between May and November, according to tracking by GoldChartsRUs.
However, the last two months of the year hint that a shift might be underway. ...
... For the remainder of the analysis:
https://www.usagold.com/nv1048janu2023/
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