As gold eyes shining milestone, resistance rises


Easing rally: A woman looks at a gold bangle at a market in Mumbai. Jewellery demand has been depressed by high gold prices, with discounts offered in key markets India and China. — Reuters

GOLD prices have marched into uncharted territory as bulls latch on to economic uncertainty created by US import tariff plans, but behind the prize of hitting a record US$3,000 per ounce, some flags of a bear case are also being planted.

Bullion has had a storming start to 2025, smashing eight records to rise more than 10% by Feb 11.

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