NVDA
NVIDIA
-- 139.400 INTC
Intel
-- 27.390 TSLA
Tesla
-- 354.110 GRAB
Grab Holdings
-- 5.300 SMCI
Super Micro Computer
-- 55.800 Historical highest gold price update! Is it time for investment opportunities in gold!?
Supported by expectations of an interest rate cut by the Federal Reserve (FRB) later this year, gold has surged.Gold spot price was $2160 per ounce on Thursday.and exceeded the previous record high of $2,135 set in December last year.
Despite the record high, market participants point out that the real gold price adjusted for inflation is significantly below previous peaks. Currently, many Wall Street analystsbelieve the strength of gold prices will continue at least until the second half of this year.and it is expected.
![]()
Is gold not yet at its peak? Wall Street is still bullish on gold.
Citi analysts in a report on Monday stated that "bullish on gold in the mid-term" and expect gold to rise in the second half of this year.There is a potential for reaching a record of 2300 dollars per ounce.It is predicted to be at 25%.
Citi analysts in a report on Monday stated that "bullish on gold in the mid-term" and expect gold to rise in the second half of this year.There is a potential for reaching a record of 2300 dollars per ounce.It is predicted to be at 25%.
However, citi's gold price forecast remains at 2150 dollars, suggesting that gold could reach 3000 dollars per ounce within the next 12 to 16 months. Citi sees gold as a "risk hedge" in developed markets and is increasingly viewing the uncertainty surrounding the US elections in November as a positive factor for gold.
ING's strategist stated this on Tuesday.
"We believe that the Federal Reserve's policies will continue to be a significant factor in the outlook for gold prices in the coming months, and as the market also reacts to macroeconomic and geopolitical events, we expect gold prices to remain volatile in the next few months".
Rising interest rates typically lead to a decline in gold prices, as higher-yielding assets become more attractive. The increase in gold prices in the second half of 2023 and in recent days has been attributed to the market's expectation of the Federal Reserve soon cutting interest rates.due to the market's expectation that the Federal Reserve will soon cut interest rates.brought about by the market's expectation that the Federal Reserve will soon cut interest rates.
According to CME's FedWatch tool,there is a 57.2% chance that the FRB will implement a 25 basis point rate cut in June.is.
According to CME's FedWatch tool,there is a 57.2% chance that the FRB will implement a 25 basis point rate cut in June.is.
On the other hand,gold is often considered a safe asset in times of economic downturn.Especially when yields are declining due to monetary easing policies, gold, as a yield-free asset, is seen as a sound investment.
![]()
Amidst the sharp rise in gold prices, what are the noteworthy investment opportunities?
According to analysts, this is due to the better-than-expected performance of the US economy and the hawkish stance of Federal Reserve policymakers on monetary policy.Gold-related stocks have not yet followed the sharp rise.From the subsequent trend, however, gold-related stocksare sustaining their upward momentum.According to Dow Inc, JP Morgan mentioned that
The following summarizes gold-related investment targets in the USA and Japan.
According to analysts, this is due to the better-than-expected performance of the US economy and the hawkish stance of Federal Reserve policymakers on monetary policy.Gold-related stocks have not yet followed the sharp rise.From the subsequent trend, however, gold-related stocksare sustaining their upward momentum.According to Dow Inc, JP Morgan mentioned that
The following summarizes gold-related investment targets in the USA and Japan.
● Gold-related stocks and ETFs in the USA
Gold ETF:
$SPDR Gold ETF (GLD.US)$, $VanEck Gold Miners Equity ETF (GDX.US)$, $Gold Trust Ishares (IAU.US)$, $VanEck Junior Gold Miners ETF (GDXJ.US)$, $Ishares Inc Msci Global Gold Miners Etf (RING.US)$, $Sprott Physical Gold Trust (PHYS.US)$
Among these, it is one of the most liquid physically-backed ETFs. $SPDR Gold ETF (GLD.US)$It started trading in 2004 and expanded the potential market of gold. Prior investments in the gold market were limited to physical gold bars, gold coins, futures trading, and gold mining stocks.
Leveraged products:
$MicroSectors Gold Miners 3X Leveraged ETN (GDXU.US)$, $Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG.US)$, $Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$
Gold-related stocks in the USA:
$Barrick Gold (GOLD.US)$, $Agnico Eagle (AEM.US)$, $Sibanye Stillwater (SBSW.US)$, $Gold Fields (GFI.US)$, $Newmont (NEM.US)$, $SSR Mining (SSRM.US)$
$SPDR Gold ETF (GLD.US)$, $VanEck Gold Miners Equity ETF (GDX.US)$, $Gold Trust Ishares (IAU.US)$, $VanEck Junior Gold Miners ETF (GDXJ.US)$, $Ishares Inc Msci Global Gold Miners Etf (RING.US)$, $Sprott Physical Gold Trust (PHYS.US)$
Among these, it is one of the most liquid physically-backed ETFs. $SPDR Gold ETF (GLD.US)$It started trading in 2004 and expanded the potential market of gold. Prior investments in the gold market were limited to physical gold bars, gold coins, futures trading, and gold mining stocks.
Leveraged products:
$MicroSectors Gold Miners 3X Leveraged ETN (GDXU.US)$, $Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG.US)$, $Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$
Gold-related stocks in the USA:
$Barrick Gold (GOLD.US)$, $Agnico Eagle (AEM.US)$, $Sibanye Stillwater (SBSW.US)$, $Gold Fields (GFI.US)$, $Newmont (NEM.US)$, $SSR Mining (SSRM.US)$
Domestic gold-related stocks and ETFs
Gold ETF:
$SPDR® Gold Shares (1326.JP)$, $NEXT FUNDS Gold Price ETF (1328.JP)$, $Japan Physical Gold ETF (1540.JP)$, $NEXT NOTES Gold Futures Dubl Bull ETN (2036.JP)$, $NEXT NOTES Gold Futures Bear ETN (2037.JP)$
Domestic gold-related stocks:
$Japan Pure Chemical (4973.JP)$, $Mitsui Mining and Smelting (5706.JP)$, $Mitsubishi Materials (5711.JP)$, $Sumitomo Metal Mining (5713.JP)$, $Are Holdings (5857.JP)$, $Matsuda Sangyo (7456.JP)$, $Sumitomo (8053.JP)$
$SPDR® Gold Shares (1326.JP)$, $NEXT FUNDS Gold Price ETF (1328.JP)$, $Japan Physical Gold ETF (1540.JP)$, $NEXT NOTES Gold Futures Dubl Bull ETN (2036.JP)$, $NEXT NOTES Gold Futures Bear ETN (2037.JP)$
Domestic gold-related stocks:
$Japan Pure Chemical (4973.JP)$, $Mitsui Mining and Smelting (5706.JP)$, $Mitsubishi Materials (5711.JP)$, $Sumitomo Metal Mining (5713.JP)$, $Are Holdings (5857.JP)$, $Matsuda Sangyo (7456.JP)$, $Sumitomo (8053.JP)$
Moomoo News Evelyn
Source: moomoo
This article uses auto-translation in some parts.
Source: moomoo
This article uses auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context,
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
朝日超渇き : I wonder if gold mining-related things can also be expected
181371947 : Maybe it's time to sell?
exera : Both gold and stock prices are rising now, but there may be a pattern where gold rises from here and stock prices fall![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
アキバのヨッシー : If interest rate cuts come, there is no doubt that they will rise
こいさん88 : it's going down.
空（そら) : For some reason my gold ETF is minus 2%
リエンキ・エンリル : In the future era (crisis), a gold ETF with physical backing is definitely the way to go! But it's priced in yen, right? What about the exchange rate impact? There's no effect due to buying in domestic currency! Even if people laugh, is it true? Everyone on the bulletin board is concerned about the timing to buy at 1540, whether it's a weak or strong yen, please tell me (> <) I'm a high school senior.