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flag Gold hits record $3,106 per ounce, fueled by demand amid global uncertainties.

flag Gold prices hit a record high of $3,106 per ounce, driven by retail and institutional demand amid global uncertainties, including trade tensions. flag BofA Global Research predicts prices could reach $3,500 per ounce in 18 months if non-commercial purchases rise by 10%. flag Gold has seen strong performance, with a 21% return in India year-on-year, and central banks increasing their gold holdings. flag Despite high prices affecting jewelry demand, investment demand remains robust, with experts recommending a mix of gold and silver for investment.

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