Goldman Sachs directly suggests: buy gold! Next year, the price of gold will reach $3000.

①Goldman Sachs expects the target price of gold to reach $3000 per ounce by December 2025, due to increased central bank demand and the impact of interest rate cuts in the USA; ②Reports suggest that escalating trade tensions may revive speculative positions in gold; ③ Goldman Sachs has identified gold as the top choice for commodity trading in 2025, and indicates that the price of gold may continue to rise during Trump's term.

cls.cnNov 18 02:19 ET

The most recent 13 US election windows have had the worst performance: Can gold still be bought?

① This month, usa's president-elect Trump won the election in a landslide, which immediately boosted the performance of markets from us stocks to bitcoin. ② However, among a series of pre-election highly praised Trump trades, gold has clearly become an exception...

cls.cnNov 17 21:36 ET

How much gold has zijin mining group's guoge mine really been "plundered"? The issue of illegal mining may be difficult to resolve in the short term.

1. Over 3 tons of gold were robbed overseas, the 'suspicions' have not been completely clarified; 2. The illegal mining problem in the La Llanada gold mine in Colombia may be difficult to solve in the short term; 3. Nearly half of zijin mining group's assets are overseas, with a majority located in underdeveloped regions with weak political and economic stability.

cls.cnNov 14 18:03 ET

IEA: Crude oil demand growth in 2024 may be halved, with a surplus of over one million barrels of crude oil expected every day next year.

In terms of demand, the IEA expects that this year, global oil consumption will increase by 0.92 million barrels per day, which is less than half of the growth rate in 2023. By 2025, demand will grow by 0.99 million barrels per day. However, the IEA predicts that supply growth will continue, with production from countries such as the usa, Brazil, Canada, and Guyana increasing by 1.5 million barrels per day this year and next.

wallstreetcnNov 14 05:25 ET

Trump's victory resulted in a Waterloo for gold, with the spot gold price plummeting over $230 from its high.

① On Thursday morning in the European market, spot gold was quoted at $2,555.98 per ounce, having fallen over $230 since the historical high on October 31. ② Analysts state that the decline in gold prices is mainly due to a shift in risk appetite and a strengthening dollar after Trump's victory. Citigroup expects that the bullish market for precious metals may pause for a few weeks. ③ Observers remain bullish on the fundamentals of gold, believing that demand from central banks for gold will remain strong.

cls.cnNov 14 04:53 ET

Over the past three years, with an increase of over 50%, the gold price has finally fallen. Is it a good time to buy? There is still support in the medium to long term, with a bullish view to $2900.

1. After Trump's election victory, the stimulating power of geopolitical risks on gold prices will decrease, coupled with the central bank's pause in gold purchases interrupting this round of gold price increase; 2. It is expected that gold prices will still fluctuate weakly this week; 3. Institutions believe the target price for gold is set at 2,900 USD/ounce, which means there is still an 11% increase potential.

cls.cnNov 13 07:37 ET