TD Securities Sees Gold Reaching $3,650 as Middle East Tensions Boost Demand
TD Securities has adopted a bullish outlook for gold, initiating a tactical long position and setting a one-month target price of $3,650 per ounce. The investment bank’s recommendation reflects a belief that the metal can deliver near-term upside as geopolitical risks and market uncertainty increase. The firm characterizes gold as a low-risk haven asset that … Read more