Shares of Precious Metals Stocks Are Trading Higher Amid a Rise in the Price of Gold and Silver, Which Are Rebounding After Falling Last Week.
Express News | Shares of Precious Metals Stocks Are Trading Higher Amid a Rise in the Price of Gold and Silver, Which Are Rebounding After Falling Last Week
We Think That There Are Issues Underlying Barrick Gold's (TSE:ABX) Earnings
Goldman Sachs directly suggests: buy gold! Next year, the price of gold will reach $3000.
①Goldman Sachs expects the target price of gold to reach $3000 per ounce by December 2025, due to increased central bank demand and the impact of interest rate cuts in the USA; ②Reports suggest that escalating trade tensions may revive speculative positions in gold; ③ Goldman Sachs has identified gold as the top choice for commodity trading in 2025, and indicates that the price of gold may continue to rise during Trump's term.
The dollar's upward momentum paused, gold prices rebounded! Goldman Sachs is calling out to "buy gold", predicting $3000 by the end of next year.
Risk aversion sentiment is warming up again.
Fearless of short-term pullbacks! Goldman Sachs remains bullish on gold: Aiming for $3000 next year.
Goldman Sachs stated that driven by purchases from major central banks and interest rate cuts in the usa, gold prices will rise to record levels next year.
Goldman Says 'Go for Gold' as Central Banks Buy, US Fed Cuts in 2025
The most recent 13 US election windows have had the worst performance: Can gold still be bought?
① This month, usa's president-elect Trump won the election in a landslide, which immediately boosted the performance of markets from us stocks to bitcoin. ② However, among a series of pre-election highly praised Trump trades, gold has clearly become an exception...
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Trump's victory resulted in a Waterloo for gold, with the spot gold price plummeting over $230 from its high.
① On Thursday morning in the European market, spot gold was quoted at $2,555.98 per ounce, having fallen over $230 since the historical high on October 31. ② Analysts state that the decline in gold prices is mainly due to a shift in risk appetite and a strengthening dollar after Trump's victory. Citigroup expects that the bullish market for precious metals may pause for a few weeks. ③ Observers remain bullish on the fundamentals of gold, believing that demand from central banks for gold will remain strong.
Metal Prices Slide as Stronger Dollar Continues to Add Pressure -- Market Talk