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OCBC raises precious metals price forecasts, expecting gold to reach $4,600/oz by December 2026 and silver to target $69.70/oz.
Chez Anbu, Head of Wealth Advisory at OCBC, stated that gold's strong rebound in August reversed its previous weaker trend, with the macro backdrop showing improvement. The bank's upward revision of its forecast is based on a higher starting price, improved investment participation, and sustained structural demand.
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Source：华尔街见闻 · Source Link
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