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The Top Reasons Why Gold Will Soon Test $3500
- Gold is predicted to rally to $3,500 due to tariff fears, inflationary concerns, and central bank buying as per Bank of America.
- Analysts at Goldman Sachs also raised their gold price forecast to $3,300/toz, reflecting positive trends in ETF inflows and central bank demand.
- This optimistic outlook is expected to benefit gold stocks like Gold Hunter Resources Inc., Barrick Gold, Newmont, New Gold Inc., and SSR Mining Inc.
- China's central bank continues to increase its gold reserves, indicating strong global demand for the metal.
- Gold Hunter Resources Inc. provided an update on its Great Northern Project in Newfoundland, highlighting its high-grade exploration potential.
- The company's recent oversubscribed financing and marketing initiatives aim to accelerate growth in 2025.
- Gold Hunter plans an up-to 20,000-metre drilling campaign at the Great Northern Project to unlock further value.
- The company's strategic marketing efforts involve collaborations with various service providers to enhance investor relations and market awareness.
- Other developments include Barrick Gold's progress in key growth projects, Newmont's solid gold reserves, New Gold Inc.'s strong operational performance, and SSR Mining Inc.'s production guidance increase.
- Legal disclaimer: The article contains forward-looking statements and Winning Media has been compensated for advertising and marketing services for Gold Hunter Resources Inc.
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