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CoinBoundary News reports that Deutsche Bank analyst Michael Hsueh said the bank has lowered its gold price forecast for the third quarter by more than 20% to $4,300 per ounce, and cut its fourth-quarter forecast by 17% to $4,800 per ounce. He pointed out that potential investors who would normally provide support are notably absent, mainly due to weak demand from exchange-traded funds and reduced buying interest from some countries.