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Gold’s Safe Haven Status Could Further Assert Itself This Week

Gold ended this past week with strong gains as investors increasingly turned to safe-haven assets amid rising concerns about the reliability of the U.S. dollar. The uncertainty deepened after Moody’s downgraded America’s credit outlook, driving gold prices to $3,200 per ounce. As of the latest data, spot gold was trading at $3,361.2 per ounce.

Despite this, some analysts remain cautiously optimistic that the U.S. Memorial Day holiday might temporarily calm global market nerves. But for now, the case for gold as a safe-haven asset remains compelling and companies like Torr Metals Inc. (TSX.V: TMET) could leverage these…

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NOTE TO INVESTORS: The latest news and updates relating to Torr Metals Inc. (TSX.V: TMET) are available in the company’s newsroom at https://ibn.fm/TMET

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