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Socgen remains bullish on gold price in Q4 as central banks won't get ahead of inflation

Source: kitco.com

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Socgen remains bullish on gold price in Q4 as central banks won't get ahead of inflation

An international investment bank expects central banks' new interest-rate hiking cycle to lag inflation, leaving policymakers behind the inflation curve. The outlook supports continued gold ownership as an inflation hedge despite rising rates, although no specific price target or quantitative forecast was provided.

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