Investors "play it safe" on the eve of the usa presidential election, gold experiences a significant pullback.
Gold futures prices fell significantly by about $50 per ounce from the previous trading day's record high.
China Securities Co.,Ltd.: What are the common driving and ending signals for the simultaneous rise of US stocks and gold?
CBO predicts that the potential labor productivity in the usa will reach a low point in 2025. Combining the institutions' determination that the usa's fiscal expansion model is difficult to sustain, the usa's output gap will turn downward in 2025, and the simultaneous rise of US stocks and gold may come to an end, eventually leading to a wave of resonant adjustments.
Gold Bulls Make Handbrake Turn After Reaching Milestone High
"US Treasury bonds fall, gold is full"! What miraculous medicine does the gold, which keeps hitting new highs, have?
①As the spot gold price rose further to the $2790 level on Wednesday, it is now approaching the $2800 integer level; ②According to analyst Lina Thomas from goldman sachs, the inverse correlation between gold and the 10-year real interest rate is already clearly broken.
Gold soared 34% to a new high this year! Experts warn: usa may face a deep pullback after the presidential election.
On the eve of the USA election, the gold price continues to hit a historical high.
Next year, aiming for $3000! Goldman Sachs raises its gold price target, stating that central bank demand expectations have quadrupled.
Goldman Sachs stated that gold is more popular when interest rates are cut; concerns about financial sanctions risks are driving central banks to buy gold, with the focus shifting to the US presidential election, Western investors are returning to the gold market; even by the end of next year, the central bank's gold buying pace will slow to 30 tons per month, only one-third of the monthly average size since 2022, and the gold price will rise by another 9% by the end of the year.
