Event JSON
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"tags": [
[
"r",
"https://www.coindesk.com/markets/2025/02/08/gold-backed-tokens-set-to-benefit-as-wall-street-goes-even-more-bullish-after-record-rally"
],
[
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"Gold-Backed Tokens Set to Benefit as Wall Street Goes Even More Bullish After Record Rally"
],
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"1739043702"
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[
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[
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[
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"Strategists at Citi and UBS have increased their gold price forecasts, anticipating the precious metal's bull run will continue as markets are pressured by geopolitical tensions and economic uncertainties. Gold-backed cryptocurrencies, such as PAXG and XAUT, have been outperforming the wider cryptocurrency market amid the uncertainty. Citi has adjusted its short-term gold price target to $3,000 per ounce, while UBS has hiked its 12-month gold price target to $3,000 per ounce."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqq9sxacsjnfjmzwav4dun5vmmaefretgj6w5cawsj223lc20k8c4sm8nhef\nhttps://cdn.sanity.io/images/s3y3vcno/production/885942a1e3da7da3639f616185325276a7b04225-1920x1280.jpg?auto=format\nMajor financial institutions are raising their gold price forecasts due to growing trade war fears and central bank accumulations.\nhttps://www.coindesk.com/markets/2025/02/08/gold-backed-tokens-set-to-benefit-as-wall-street-goes-even-more-bullish-after-record-rally",
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