After gold ended the first half of this year on a positive note, the World Gold Council said it sees potential for a further rise in prices for the precious metal, but it also warned that risks to that outlook persist as questions continue to surround the prospects for the U.S. and global economy.
In its midyear gold outlook report released Thursday, the World Gold Council said the market consensus points to a mild U.S. economic contraction in late 2023, along with slow growth in developed markets, but investors are still…
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