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Gold

TD Securities Targets $3,650 Gold as Middle East Tensions Drive Safe Haven Demand

The Quiet Bank Run in Gold
The Quiet Bank Run in Gold

TD Securities has taken a bullish stance on gold, opening a tactical long position with an ambitious one-month price target of $3,650 per ounce.

The investment bank views gold as a low-risk safe haven asset that can provide protection against escalating tensions in the Middle East and potential regional instability.

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