$Gold - main 2506(GCmain)$ fund net inflows have hit a record $80 BILLION year-to-date.
More than double the previous high set in the 2020 during Covid.
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Young People Buy Gold on Credit! Has Gold Rally Peaked?
Amid a booming trading environment in the Chinese market, more people believe that the uptrend might still continue. Goldman Sachs predicts that gold prices could reach $4,000 per ounce by mid-2026.
In China, social media has been flooded with posts, with some users claiming they plan to invest their life savings in gold or even take out loans to chase higher prices.
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As media and public attention toward gold continues to heat up, does this mean that gold has already peaked? What is your target price for gold? Is it too crazy for young people to take out loans to buy gold?
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