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 Price Holds Ground Due to Safe-haven Demand Amid Rising Tensions in Middle East
Gold welcomes a "good start" in 2025! Wall Street envisions the gold price soaring to 3,000 USD in 2025.
Financial giants on Wall Street generally predict that the soaring gold prices in 2024 will rise further in 2025.
Gold Just Saw Its Biggest Yearly Gain Since 2010 — Here's Why Wall Street Says Prices Will Go Even Higher
smoothshoe : No mention of $AMERICAN RARE EARTHS LTD (ARRNF.US)$ $MP Materials (MP.US)$
Kevin Matte OP : They could have talked about it but they usually focus on uranium, it was an exception that he talked about other metals. Thank you, these are companies that I didn't know about that I'm going to keep an eye on ^^