Roth Capital analyst Craig Irwin raised the firm’s price target on Gold.com (GOLD) to $50 from $40 and keeps a Buy rating on the shares. Precious metals spreads jumped recently, reflecting a shortage of physical silver and gold on “FOMO-driven demand” and record prices, while the comments from APMEX follow similar remarks from BullionStar and Scottsdale Mint on X, implying higher spreads may have a long tail, the analyst tells investors in a research note.
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