Eastern European central banks are aggressively purchasing gold, becoming the largest buyers globally. Will gold prices rise to 3000 dollars?
Central banks in Eastern European countries are accelerating their gold purchases to diversify investments and cope with external shocks, with the Czech Republic, Poland, Serbia and other countries becoming the largest buyers of gold together.
Gold Struggles to Break $2,620, Weighed by US Tariffs and Geopolitics
Morgan Stanley Fund: Trump's policies being implemented may lead to a second round of inflation in the usa, still bullish on the future upside of gold.
morgan stanley funds stated that the upward potential of gold has opened again after this round of adjustment. If Trump's relevant policies truly take effect next year, there is a possibility of secondary inflation or stagflation in the usa, both of which will support the rise in gold prices.
Gold Price Tumbles on Israel-Hezbollah Ceasefire Rumors, Furious Risk-on Mood
Middle East tensions are easing! Israel and Hezbollah are reportedly close to reaching a ceasefire agreement.
① The Israeli national security cabinet will meet on Wednesday to approve the ceasefire agreement with Hezbollah, and the final text was confirmed on Monday; ② Affected by the easing of tensions in the Middle East, comex gold futures fell more than 3%, crude oil plummeted 3% during the day, and the usd dropped by 0.5%.
Gold Is up 5% This Week Because It's a 'Preferred' Hedge to Global Risks, UBS Says