Gold bears emerge! Analysts warn that prices may drop by 38% over the next five years.

① Wall Street has been raising Gold Target Prices this year, but Morningstar Analyst Jon Mills predicts that Gold prices could fall to 1,820 dollars over the next five years; ② Mills points out that the downward pressure on Gold prices comes from increased market supply, a decrease in central banks' willingness to buy Gold, and slowing demand; ③ Data shows that the Gold above ground stock will increase by 9% over the next five years in 2024, and most central banks have stated they will not increase their Gold holdings.

cls.cn23:35 ET

US Morning News Call | Trump Warns Automakers Against Price Hikes After New Tariff

Moomoo Breakfast USMar 28 07:23 ET

The futures market surged 1.6% during trading, breaking through the 3100 dollar mark, with Goldman Sachs and Bank of America both raising their Target Prices.

The New York gold futures have strongly broken through the $3100 mark, setting a new historical high. Goldman Sachs has raised its gold price target to $3300, while Bank of America is more aggressive, believing that if Global gold investment demand increases by 10% year-on-year, the gold price could rise to $3500 within 18 months.

wallstreetcnMar 27 14:35 ET

International gold prices skyrocketed to a new high! Trump's tariffs triggered a rush for safe-haven assets, and Goldman Sachs stated that prices will rise further.

① Spot gold prices and Gold Futures prices have both reached new highs. Spot gold surged to $3059.63, while New York Gold Futures for the main contract temporarily broke the $3100 mark; ② The USA President Trump announced new tariffs on Autos, leading to escalated tensions in Global trade, causing investors to seek safe-haven Assets.

cls.cnMar 27 13:36 ET

US Morning News Call | Trump Imposes 25% Tariff on Imported Cars and Parts

Moomoo Breakfast USMar 27 07:34 ET

Gold prices are rising too quickly! Goldman Sachs is already looking at $3,300 by the end of the year before even finishing the report.

①Goldman Sachs Analysts Lina Thomas and Daan Struyven just raised the target price for gold by the end of 2025 to $3,100 per ounce last month; ②this month, the gold price has already surpassed the $3,000 mark for the first time in history, forcing Goldman Sachs to hurriedly "tear up the report" and revise their forecast.

cls.cnMar 27 00:00 ET