Gold prices hit an all-time high! Has the opportunity to invest in gold arrived!?
Gold has skyrocketed, supported by the US Federal Reserve (Fed)'s observations of interest rate cuts by the end of the year.Gold spot price is $2,160 per ounce on ThursdayIt exceeded, and it surpassed the high of 2135 dollars recorded in December last year.
Despite record highs, market participants point out that the actual price of gold after adjusting for inflation is well below past peaks. Currently, many Wall Street analystsThe strength of gold prices will continue until at least the second half of this yearI anticipate that.
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Gold hasn't reached its peak yet? Wall Street is still bullish on gold
City analysts said in Monday's report”Medium term bullish on gold”, and gold will come later this yearThe possibility of reaching the record of $2,300 per ounceIt is predicted to be 25%.
City analysts said in Monday's report”Medium term bullish on gold”, and gold will come later this yearThe possibility of reaching the record of $2,300 per ounceIt is predicted to be 25%.
However, the estimated price of gold in Citi is still $2,150, and there is even a possibility that gold will reach $3,000 per ounce over the next 12 to 16 months. City sees gold as a “risk hedge” for developed markets, and is strengthening the view that uncertainty surrounding the US election in November will be a positive factor for money.
ING's strategist said on Tuesday:
“We believe that the Federal Reserve (Fed) policy will continue to be an important factor in the outlook for gold prices in the coming months, and we anticipate that gold prices will continue to be unstable over the next few months as the market also responds to macroeconomic factors and geopolitical events.”
Higher interest rates usually cause lower gold prices because higher yielding assets become attractive. Both the latter half of 2023 and the rise in gold prices over the past few daysMarket expectations that the Federal Reserve (Fed) will soon cut interest ratesBrought to you by
According to CME's FedWatch tool,There is a 57.2% chance that the Fed will cut interest rates by 25bp in JuneIt is.
According to CME's FedWatch tool,There is a 57.2% chance that the Fed will cut interest rates by 25bp in JuneIt is.
On the other hand,Gold is regarded as a safe asset during economic downturnsThere are a lot of things. In particular, when yields are declining due to monetary easing policies, gold, which is an asset with no yield, is also regarded as a healthy investment target.
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As gold prices soar, what are notable investment opportunities?
According to analysts, the US economy was doing better than expected, and since US Federal Reserve (Fed) policy makers continue to take a hawkish stance on monetary policy, the currentGold-related stocks have yet to follow the sharp riseIt's called. However, from subsequent trends, gold-related stocksThe upward momentum continuesI'm watching it.
The following is a summary of gold-related investment targets within the United States and Japan.
According to analysts, the US economy was doing better than expected, and since US Federal Reserve (Fed) policy makers continue to take a hawkish stance on monetary policy, the currentGold-related stocks have yet to follow the sharp riseIt's called. However, from subsequent trends, gold-related stocksThe upward momentum continuesI'm watching it.
The following is a summary of gold-related investment targets within the United States and Japan.
● US gold-related stocks and ETFs
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 commodity spot ETFs $SPDR Gold ETF (GLD.US)$began trading in 2004, expanding the potential market for gold. Prior to this, investment in the gold market was limited to spot gold bullion and gold coins, futures trading, and gold mining stocks.
Leveraged products:
$MICROSECTORS GOLD MINERS 3X LEVERAGED ETN (GDXU.US)$、 $Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG.US)$、 $Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$
US gold-related stocks:
$Barrick Gold (GOLD.US)$、 $Agnico Eagle (AEM.US)$、 $Sibanye Stillwater (SBSW.US)$、 $Gold Fields (GFI.US)$、 $Newmont (NEM.US)$、 $SSR Mining (SSRM.US)$
$SPDR Gold ETF (GLD.US)$、 $VanEck Gold Miners Equity ETF (GDX.US)$、 $Gold Trust Ishares (IAU.US)$、 $VanEck Junior Gold Miners ETF (GDXJ.US)$、 $Ishares Inc Msci Global Gold Miners Etf (RING.US)$、 $Sprott Physical Gold Trust (PHYS.US)$
Among these, it is one of the most liquid commodity spot ETFs $SPDR Gold ETF (GLD.US)$began trading in 2004, expanding the potential market for gold. Prior to this, investment in the gold market was limited to spot gold bullion and gold coins, futures trading, and gold mining stocks.
Leveraged products:
$MICROSECTORS GOLD MINERS 3X LEVERAGED ETN (GDXU.US)$、 $Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG.US)$、 $Direxion Daily Gold Miners Index Bull 2X Shares (NUGT.US)$
US gold-related stocks:
$Barrick Gold (GOLD.US)$、 $Agnico Eagle (AEM.US)$、 $Sibanye Stillwater (SBSW.US)$、 $Gold Fields (GFI.US)$、 $Newmont (NEM.US)$、 $SSR Mining (SSRM.US)$
●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:
$Japan Pure Chemical (4973.JP)$、 $Mitsui Mining and Smelting (5706.JP)$、 $Mitsubishi Materials (5711.JP)$、 $Sumitomo Metal Mining (5713.JP)$、 $Are Holdings (5857.JP)$、 $Matsuda Sangyo (7456.JP)$、 $Sumitomo (8053.JP)$
ー MooMoo News Evelyn
Source: moomoo
This article uses automatic translation for some of its parts
Source: moomoo
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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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%