World Gold Council: Next year, gold prices may mainly fluctuate, and the upward momentum of gold prices will primarily depend on central banks and purchasing power in the Asia-Pacific region.
The rise in Gold prices next year mainly depends on the purchasing strength of central banks and whether the purchasing power in the Asia-Pacific region is strong. The World Gold Council believes that Gold prices may mainly fluctuate next year.
Gold Holds Decline as Focus on Fed for Next Year's Rate Outlook
UBS Says Gold Prices to Build on Gains, Central Banks to Buy More
Hong Kong stocks fluctuate | Golden Industrial Concept continues its recent decline, SD GOLD (01787) drops nearly 4%. The market focuses on the results of this week's Federal Reserve interest rate meeting.
The Golden Industrial Concept continues its recent downward trend. As of this publication, SD GOLD (01787) is down 3.81%, priced at 12.62 HKD; LINGBAO GOLD (03330) is down 1.1%, priced at 2.69 HKD; CHINAGOLDINTL (02099) is down 1.06%, priced at 37.2 HKD.
Gold Steadies as Traders Look to Final Fed Meeting of the Year
Morgan Stanley: The undervalued "Gold Triad" of China.
Morgan Stanley pointed out that against the backdrop of intensified geopolitical risks, China gold will benefit from market risk aversion sentiment and be favored by Chinese investors, while expectations of yuan volatility also provide support for gold prices to rise. Zijin Mining Group, SD GOLD, and ZHAOJIN MINING are undervalued in the market, and their production is expected to grow significantly in the next five years. It is anticipated that gold prices will reach $2,850 per ounce in the second quarter of 2025.
Gold: Critical Support and Resistance Levels to Watch Ahead of Fed Next Week
Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.
What will the future trend be.
Hong Kong stocks are experiencing fluctuations | Golden Industrial Concept stocks are collectively declining, Precious Metals have sharply plummeted during the trading session, and the World Gold Council expects the gold price increase to slow down next y
The Golden Industrial Concept stocks all fell, as of the time of writing, Zijin Mining Group (02899) dropped 2.69%, trading at 15.2 Hong Kong dollars; LINGBAO GOLD (03330) fell 2.37%, trading at 2.88 Hong Kong dollars; CHINAGOLDINTL (02099) decreased by 1.97%, trading at 39.75 Hong Kong dollars.
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.
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.