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.
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.
The probability of interest rate cuts in September is 100%! International gold prices have soared to a new high. Analysts believe it will soon challenge $2500.
Will it continue to ramp up?
Watch These Important Gold Price Levels As Metal Hits Record High
Gold (GOLD) prices climbed to set a new record high on Tuesday as investors move into the precious metal amid rising expectations that the Federal Reserve will lower its benchmark interest rate in September. Falling rates increase the non-yielding commodity’s demand by reducing its opportunity holding cost relative to interest bearing assets, such as fixed-income securities.
Spot gold hits new highs again! With positive factors accumulating, will the gold price reach $3,000 next?
As the market's expectations for the Fed's interest rate cut heated up, and some traders increased their bets on Trump's re-election, the international gold price reached a historic high.
Franco-Nevada To Release Second Quarter 2024 Results
TORONTO, July 16, 2024 /PRNewswire/ - Franco-Nevada Corporation announced today that it will report its second quarter 2024 results as follows:...
Franco-Nevada Corp. Is Maintained at Outperform by BMO Capital Markets
Franco-Nevada Corp. Is Maintained at Outperform by BMO Capital
Franco-Nevada Kept at Outperform at BMO Following Cascabel Stream Acquisition; Price Target Raised to C$210
BMO Capital Markets on Tuesday reiterated its outperform rating on the shares of Franco-Nevada (FNV.TO, FNV) while raising its price target to C$210 from C$205 after the royalty and streaming
"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.
Franco-Nevada, Osisko Gold Royalties Maintain Ratings at RBC Capital Markets On Cascabel Gold Stream Buy
Franco-Nevada (FNV.TO) and Osisko Gold Royalties (OR.TO) maintained their respective ratings and price targets at RBC Capital Markets after their joint US$750 million purchase of a gold stream on
BMO Capital Maintains Franco-Nevada(FNV.US) With Buy Rating, Raises Target Price to $153.56
BMO Capital analyst Jackie Przybylowski maintains $Franco-Nevada(FNV.US)$ with a buy rating, and adjusts the target price from $149.86 to $153.56.According to TipRanks data, the analyst has a
MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.
MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.
Rise in Rate-Cut Bets May Prompt Stock Gains for GOLD, KGC, FNV
Stocks in Play: Franco-Nevada Corporation
SolGold Secures $750M For Ambitious Mining Project In Ecuador
Exploration and development company SolGold (OTC:SLGGF) has successfully secured $750 million in funding for its Cascabel project in Ecuador. This funding came from a syndicated agreement with Franco-