Commerzbank Analyst: 'March Rally in Gold Remains a Mystery'

Thursday, 28 March 2024, 12:08

Gold prices have surged over 7% this month, marking the strongest monthly gain since October. Despite this, Commerzbank's analysis suggests limited upside potential for gold as the reasons behind the rally remain uncertain.
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Commerzbank Analyst: 'March Rally in Gold Remains a Mystery'

Commerzbank Analyst on Gold's Performance

Gold prices have experienced a notable surge this month, climbing more than 7% and achieving their best monthly gain since October last year.

Commerzbank's perspective highlights a cautious outlook due to the mystery surrounding the recent rally.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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