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World Gold Council

Gold Market Commentary: Gold Gears up for Brewing Crisis

Gold Market Commentary- Gold Gears up for Brewing Crisis

Gold rose by 9.2% during Q1, to US$1,980/oz, propelled by fears of an economic crisis and simmering geopolitical tensions. While the sudden banking mini-crisis triggered by the collapse of Silicon Valley Bank (SVB) drove gold higher towards the end of the quarter, yields (level and volatility) and the dollar remained ...

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