✅Gold prices are soaring due to a mix of factors, including:😶
↪️- *Safe-haven demand*: Investors are flocking to gold amid geopolitical tensions and economic uncertainty.
- *Central bank buying*: Countries are adding gold to their reserves, reducing reliance on the US dollar.
- *Rate cut expectations*: Anticipated interest rate cuts make gold more attractive.
- *De-dollarization*: Global buyers are seeking alternatives to the US dollar.
These factors may push gold prices toward $5,000 or even $6,000, according to analysts ¹ ² ³.
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