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Gold’s Momentum Still Intact | Raleigh News
Gold’s recent dip doesn’t signal the end of the ride—Deutsche Bank says the explosive phase that started in August 2024 is still intact, backed by rare historical patterns and strong momentum. Despite a pullback from its peak, their statistical model shows the trend remains solid, with a fair value target of $4,700 an ounce by year-end. They’re confident gold won’t crash below $3,900, countering worst-case models, thanks to steady central bank demand—especially from China—and unchanged macro drivers like fiscal stimulus and expected Fed cuts. The race isn’t over; it’s just taking a breath…
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