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Gold Price Forecast | 16th March 2023

Gold

Key news events today

No major news events.

What can we expect today?

Even with reassurances from Swiss authorities and the Federal Reserve regarding their respective banking sectors, lingering concerns about potential contagion risks are likely to bolster demand for safe-haven assets like gold. In times of uncertainty, investors often turn to gold as a means of preserving wealth, and the ongoing worries about the stability of the banking sectors may continue to drive this trend.

24 hours bias

Bullish

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