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Have the Drivers of Gold Prices Now Changed?

Investors in gold are currently wondering what has happened to the bullish trend of gold prices after the precious metal reached record highs in January above $5,500 an ounce and has since struggled to move past the $4,500 mark. What has changed, and should investors expect further pullbacks in the price of bullion?

For this reason, monetary policy is exerting a disproportionate impact on the trajectory of gold prices and there is no telling when this will end. Investors and companies like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) would be well-advised to recalibrate how they make their…

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