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TD Look For Move To $2,100/oz

GOLD

Late on Thursday TD Securities wrote “early data on central bank gold purchases show that buying activity continued to be robust in September. China once again has been on the forefront of central bank buying activity last month, by maintaining its record-setting pace set throughout the year. This, along with the eventual Fed pivot away from a hawkish stance, suggests gold is set to rally into the $2,100s.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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