The gold price traded up to $ 1,252 per ounce early Tuesday morning, a new all time high, before settling back near $ 1,245. The price of gold continues to appreciate, despite a growing number of investment strategists call for a pullback or labeling of gold climbing a bubble. “Sentiment towards the gold price remains relatively subdued, evidenced by the 73% bullish consensus reading by Market Vane reported after yesterday’s close.
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