No Data
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Gold's Rally Tested By Overhead Resistance
Gold Just Saw Its Biggest Yearly Gain Since 2010 — Here's Why Wall Street Says Prices Will Go Even Higher
Gold Price Surge Pushes Rolex to Raise Prices for Iconic Watches
Hong Kong stocks fluctuate | Golden Industrial Concept collectively rises, gold prices have increased by over 27% for the entire year, Goldman Sachs is bullish on gold reaching $3000 by 2025.
Golden Industrial Concept collectively rose in the morning session. As of the time of writing, LINGBAO GOLD (03330) is up 12.03%, at 3.26 HKD; CHINAGOLDINTL (02099) is up 4.88%, at 43 HKD; SD GOLD (01787) is up 4.78%, at 13.16 HKD.
