The international spot Gold price rose overnight, reaching a two-week high during trading. Over the past year, the international spot Gold price has increased by approximately 27%, marking the largest annual increase in 14 years. Analysts indicate that Gold is expected to rise further this year. Goldman Sachs predicts that by the end of this year, the Gold price will reach $3,000 per ounce. Some analysts believe that Global central banks will continue to adopt a strategy of diversifying their Dollar holdings and increasing the diversity of their Forex reserve. (CCTV Finance)
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