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Gold Prices Soften, See Little Relief From Increased Rate Cut Bets
Citi and Bank of America Merrill Lynch are both bullish: gold prices are expected to rise to $3000 in the next year.
Strong physical demand, central bank purchases, as well as macro factors such as concerns about US bonds and the Fed's interest rate cuts, will support the rise in gold prices.
Gold Prices Set To Climb To $3,000 On Fed Rate Cuts, Geopolitical Tensions, Bank of America Says
Gold prices could skyrocket to $3,000 per ounce within the next 12 to 18 months, according to Bank of America's latest analysis.
Gold Price Stands Tall Near Two-week High Amid Rising Fed Rate Cut Bets
Gold price consolidates the previous day’s strong move up to a two-week high.
Goldman Sachs: Buy some gold after US election.
Goldman Sachs pointed out that holding long positions in gold has significant value and can hedge against inflation and geopolitical risks that may arise from post-election tariffs, subordinate risks from the Federal Reserve, and rising US debt.
Commodity Investor AUM on the Rise - RBC
smoothshoe : No mention of $AMERICAN RARE EARTHS LTD (ARRNF.US)$ $MP Materials (MP.US)$
Kevin MatteOP : 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 ^^