Deutsche Bank Cuts Q3 Gold Price Forecast by Over 20% to $4,300 per Ounce

According to analyst Michael Hsueh, Deutsche Bank has cut its third-quarter gold price forecast by over 20% to $4,300 per ounce, and lowered its fourth-quarter forecast by 17% to $4,800 per ounce. The bank cited weak demand from exchange-traded funds and reduced buying interest from certain countries.
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