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GOLD PRICE FORECAST REMAINS BULLISH WHILE THE CORONAVIRUS OUTBREAK ROILS INVESTOR SENTIMENTGold just printed its highest close since the aftermath of the global financial crisis owing to the coronavirus outbreak and rekindled recession riskSpot gold prices spiked as US Treasury yields plunged following an emergency FOMC interest rate cut that failed to soothe market turmoilThe bounce in bullion has potential to extend toward its 2011 record closing price if the stock market rout endures

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