Gold Price Eyes $3,000 as Market Bets on Federal Reserve Rate Cuts
Gold prices have been on an upward trajectory, driven by mounting expectations for Federal Reserve rate cuts and increased bets on Donald Trump's re-election.
National Bank Maintains Franco-Nevada(FNV.US) With Hold Rating, Raises Target Price to $146.16
National Bank analyst Shane Nagle maintains $Franco-Nevada(FNV.US)$ with a hold rating, and adjusts the target price from $142.59 to $146.16.According to TipRanks data, the analyst has a success
Stifel Maintains Franco-Nevada(FNV.US) With Buy Rating, Cuts Target Price to $143.24
Stifel analyst Ingrid Rico maintains $Franco-Nevada(FNV.US)$ with a buy rating, and adjusts the target price from $143.32 to $143.24.According to TipRanks data, the analyst has a success rate of 60.4%
Franco-Nevada Maintained at Buy at Stifel GMP After Cascabel Gold-Stream Acquisition; Price Target Kept at C$196
Stifel GMP on Wednesday reiterated its buy rating on the shares of Franco-Nevada (FNV.TO, FNV) and its C$196.00 price target after the royalty and streaming company acquired a gold stream on SolgGold'
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.
Rate Cut Bets vs. Trump Trades: Key Assets to Watch in the Hottest Trades Now
"Rate cut trades" and "Trump trades" have emerged as the most popular trading themes currently. Investors are closely monitoring which assets will be the first to benefit under these two trading themes and what opportunities are arising.
