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Gold is undervalued on the current geopolitical uncertainty, according to Wolfteam Ltd.’s view.
The spectacle of global war is too close and the price of gold seems to have ignored for too long now.
Even the elevated probability of a global conflict warrants a price of gold close to 2 500 USD a troy ounce.
Interest rates levels are elevated, but gold should come in its own as a store of value, safe haven in these tumultuous times, according to Wolfteam Ltd.
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