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Gold bulls will rush to historic highs over the next four years, according to new analysis by S&P Global Market Intelligence.

The newly released 2022 Metals and Mining Outlook report says that the precious metal is expected to thrive between now and 2025 thanks to a slew of beneficial conditions. It states, “The metals sector is set to continue its rebound from the effects of the COVID-19 pandemic through 2022. Pent-up consumer spending, government stimulus efforts and the accelerating energy transition will continue to drive demand, prices and exploration budgets. ..medium-term supply constraints are setting the stage for historically above-average prices through to 2025 – driven mostly by increasing demand for materials used in the accelerating global energy transition.”

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