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ING: Gold still has potential to rise further
2025-10-08 04:57

According to Odaily Planet Daily, ING Group stated in a research report that gold still has potential to rise further. The firm noted that the precious metal has reached a record high of $4,020 per troy ounce. Looking ahead, central banks continue to increase their gold holdings despite historically high prices. The report also added that President Trump's trade war continues, and geopolitical risks remain elevated. ING believes that all of these factors indicate that gold still has room to rise further. (Gold Ten)