Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.
What will the future trend be.
ING: Next year, the CSI Commodity Equity Index will experience a "Put year," while Gold will still shine!
① ING expects that the Global situation will put pressure on the Energy and CSI Commodity Equity Index markets, but the outlook for Gold remains bright. ② The report points out that Trump's tariff plans may disrupt the oil, Metal, and Agriculture markets; ③ However, ING predicts that the average Gold price will rise to $2,760 per ounce by 2025, primarily influenced by central bank purchases of Gold and the appeal of Gold as a safe-haven asset.
MetalsFocus: It is expected that gold demand in the Middle East will slow down in 2024, and risks will still exist next year.
Recently, MetalsFocus indicated that the average gold price is expected to increase by 23% year-on-year this year, while the gold jewelry Consumer in the region is expected to decrease by 8% year-on-year.
Gold Prices Could Hit $3,000 per Ounce in 2025, Goldman Sachs Says
Will gold continue to shine next year? Goldman Sachs is listed as one of the “three major catalysts”: see you at $3,000!
① Goldman Sachs expects the price of gold to rise 11% to $3,000 per ounce by the end of 2025; ② Goldman Sachs believes that interest rate cuts by the Federal Reserve, increased gold purchases by central banks, and rising geopolitical uncertainty are the three major factors driving the price of gold higher.
Gold Takes a Breather at $2,700 With All Eyes on US Inflation
Gold: Technical Reversal Here Could Spark a Selling Spree
International gold prices have surpassed 2,700 US dollars! Most of the Hong Kong stocks in the Golden Industrial Concept are strengthening, with ZHAOJIN MINING rising over 7%.
① Has China's Gold reserves increased by the end of November? ② What is the Analyst's view on the overnight rise in Gold prices?
Hong Kong stocks have reacted | The Golden Industrial Concept stocks are rising collectively as spot gold breaks through the 2,700 dollar mark; the market is focused on tonight's inflation data from the USA.
The Golden Industrial Concept stocks are collectively rising. As of the time of writing, ZHAOJIN MINING (01818) is up 5.84%, priced at 11.6 Hong Kong dollars; LINGBAO GOLD (03330) is up 4.73%, priced at 2.88 Hong Kong dollars; CHINAGOLDINTL (02099) is up 2.94%, priced at 40.2 Hong Kong dollars.
ZHAOJIN MINING (01818): "23 ZHAOJIN MTN004A (Science and Technology Notes)" will pay interest on December 21.
ZHAOJIN MINING (01818) announced that the company will issue the fourth phase of its 2023 mid-term notes (scientific innovation notes) (type one...
Gold Holds Advance Before US Data That May Shape Fed Rate Move
Gold Prices Rebound, Bulls Retain Upper Hand
The performance of the golden industrial concept has been active, and the People's Bank of China has restarted gold purchases after a six-month interval; what does this signal?
Diversification of reserves.
Hong Kong stocks fluctuate, with golden industrial concept rising across the board, china central bank increases shareholding in gold for the first time in six months.
Hong Kong stock market's golden industrial concept stocks are generally up, with ra silk road up more than 4%, chinagoldintl up more than 3%, zijin mining group and tongguan gold up more than 1%, zhaojin mining and sd gold up by less than 1%. International gold price rose, with London gold briefly rising 0.68% to $2650.58 per ounce today.
Gold Price Analysis
Zhaojin Mining Industry (HKG:1818) Has A Somewhat Strained Balance Sheet
Gold Holds Decline Before Jobs Data That May Influence Fed Rates
Gold: 2024 Is Gold's Year – TDS
Gold Steady After Powell Flags Cautious Approach to Rate Cuts
Morgan Stanley predicts that the price of gold will rise in 2025 and is expected to break through the $3,000 mark.
Macquarie recently released an optimistic forecast regarding the trend of gold prices, indicating that gold prices are expected to see significant increases by 2025 and may even break historical records.
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