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Gold hits record $3,106 per ounce, fueled by demand amid global uncertainties.
Gold prices hit a record high of $3,106 per ounce, driven by retail and institutional demand amid global uncertainties, including trade tensions.
BofA Global Research predicts prices could reach $3,500 per ounce in 18 months if non-commercial purchases rise by 10%.
Gold has seen strong performance, with a 21% return in India year-on-year, and central banks increasing their gold holdings.
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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El oro alcanza el récord de $3,106 por onza, impulsado por la demanda en medio de incertidumbres globales.