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The gold rally could forge ahead to $4,000, but analyst says two events could turn its fortunes (CNBC)

Last week, gold prices surged above $2,000 per ounce for the first time. “It’s quite easy to see gold going to $4,000,” Frank Holmes, CEO at investment firm U.S. Global Investors, told CNBC on Monday. While Yung-yu Ma, chief investment strategist at BMO Wealth Management — U.S., agreed that there are many factors supporting gold, he pointed to two big events that could change the direction of prices. https://www.cnbc.com/2020/08/10/gold-prices-amid-coronavirus-pandemic-and-us…

Nasdaq and Dubai Gold & Commodities Exchange Sign Landmark Technology Agreement

STOCKHOLM, Sweden and DUBAI, United Arab Emirates, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Today Nasdaq (Nasdaq: NDAQ) and Dubai Gold & Commodities Exchange (DGCX) announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as…

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