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The Gold Price Has Come Down, Is Now a Good Time to Buy Gold?

May 15, 2024

China’s Central Bank and Chinese consumers are buying gold at a record setting pace for more than 18 months, pushing the price of gold to new record levels. In recent weeks, the gold price has come down some, leading many investors to wonder if it’s a good time to buy gold?

Analysts from Citibank, JP Morgan, Goldman Sachs and others are predicting that gold price topping $3,000 an ounce by the end of the year is not out of the question.

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