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Home›Commodities›Precious Metals›John Paulson says gold is in a long-term bull market p…

John Paulson says gold is in a long-term bull market phase

The hedge fund manager cited central banks adding to reserves and rising private demand as drivers behind broadening bullion buying.

Reported · Written up by our desk · Precious Metals

CNBC reports that John Paulson said gold is in the early stages of a long-term bull market.

He argued that demand for bullion is broadening, pointing to central banks increasing their gold reserves as well as growing interest from the private sector.

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Sources

CNBC MarketsJohn Paulson says we are in the early stages of a long-term bull market for gold
CNBC FinanceJohn Paulson says we are in the early stages of a long-term bull market for gold
CNBC FinanceJohn Paulson says we are in the early stages of a long-term bull market for gold

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