SINGAPORE (Mar 24): Now may just be the time to buy gold as prices surge to an inflection point, according to analysts at Goldman Sachs.

Spot gold climbed 3.7% - the highest percentage gain since 2016 – while US gold futures rose 1.6% to some US$1,600 ($2,321.40) per ounce.

The jump comes after the US Federal Reserve’s unprecedented measures announced on Mar 23, aimed at relieving the ailing American economy.

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