No Data
No Data
As the US dollar weakens, the prices of industrial metals rise.
London copper futures prices have recently slightly increased, mainly due to the dual impact of the weakening of the US dollar and the expected reduction in production of Chinese smelters.
Huili: bullish on gold's performance in the second half of the year, a chance to buy in on a dip to $2300.
Zhao Shande said that from a technical perspective, any pullback to the strong resistance at $2300 can provide a good buying opportunity for investors, reflecting that gold has a certain defensive capability.
Alamos Gold Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/16/2024 12.85% Scotiabank $16 → $20 Maintains Sector Outperform 07/12/2024 18.5% Jefferies $20 → $21
Alamos Gold Inc Is Maintained at Outperform by Scotiabank
Alamos Gold Inc Is Maintained at Outperform by
Alamos Gold Inc Price Target Raised to $20.00/Share From $16.00 by Scotiabank
Alamos Gold Inc Price Target Raised to $20.00/Share From $16.00 by
"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.
The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.