Gold posts its biggest 2-month drop ever. How its price could still double over the next 5 years.
Gold posts its biggest 2-month drop ever, but analysts see potential for price to double over next 5 years.
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gold just wrapped up its worst two-month stretch on record, based on the price of heavily-traded futures contracts. the drop was cemented thursday. despite the slide, some analysts see room for the price to double over the next five years. no specific catalyst was cited in the outlook — just the scale of the recent decline as a potential setup for a long-term rebound.
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