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Jim Wyckoff

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Gold price spikes above $2,000 on safe-haven demand

March 7, 2022 by Jim Wyckoff

Comex gold futures overnight prices have early this week hit a 1.5-year high of $2,007.50 on safe-haven demand amid arguably the biggest geopolitical crisis in 30 years. The all-time high in gold futures was set in August of 2020, at $2,063.00. Look for more upside in the yellow metal in the near-term, including the potential for a new record high sooner rather than later. Stay tuned! —Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

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