OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

From a ZH piece posted this afternoon

Posted by deer79 @ 17:06 on September 29, 2024  

To summarize, all signs point to the potential for another China-driven gold mania similar to the one that propelled prices earlier this year. The breakout of Shanghai Futures Exchange gold futures from their trading range, coupled with the rising price of gold in most major currencies, suggest that speculative fervor could soon return with full force. The strong likelihood of a measured move indicates that gold could quickly reach the $3,000 mark, fueled by renewed interest from Chinese traders. As the market dynamics shift, the influence of emerging market speculators on global gold prices is becoming increasingly apparent, setting the stage for what could be a dramatic surge in the months ahead.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.