Matrixdock: Central banks are buying gold, and gold target prices are raised across the board

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According to ChainCatcher, the real-world asset on-chain platform Matrixdock published an analysis of gold price trends, with the following main points:

  • 1. Gold purchases have returned and far exceed official reports. PBoC's official report of 50 tons is estimated by Goldman Sachs to be significantly higher, suggesting a continuous "invisible hand" of buying;
  • 2. Wall Street price targets collectively raised. UBS, JPMorgan, and Goldman Sachs have raised their 2026 gold price targets to $4,000+, with expectations of accelerated achievement;
  • 3. Anticipated Federal Reserve liquidity injection to ignite market. With $6.5 trillion in US debt refinancing pressure approaching, expectations of "restarting money printing" are soaring, creating conditions for gold's potential explosion.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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