TechFlow, Nov. 12 — UBS analyst Giovanni Staunovo said, "Everyone is waiting for clearer news on the government shutdown and when the U.S. data will be released. Gold prices may stabilize temporarily before continuing to rise... Regarding gold prices, we remain in an upward trend. There has been no structural change." JPMorgan stated in a report on Wednesday that central banks and consumers are expected to act as reliable buyers during price dips, forecasting that gold prices will exceed $5,000 by the fourth quarter of 2026. (GoldNews)
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