Billionaire Ken Griffin warns on gold’s rally as Goldman targets nearly $5,000

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As a government shutdown drags on, markets are hard at work, dazzling investors on all fronts — from fresh S&P 500

SPX and Nasdaq COMP highs, to a rally for gold that’s about to take it to $4,000 an ounce.

Gold’s GC00 surge has a lot further to go, say Goldman Sachs analysts, who now predict the metal could trade near $5,000 an ounce by the end of next year.

This post was originally published on Market Watch

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