Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.
What will the future trend be.
Express News | Shares of Precious Metals Stocks Are Trading Lower Amid a Drop in Gold Prices Following US Economic Data
Gold Drops as U.S. Producer Prices Climb More Than Expected in November
Canada's Household-Debt Burden Falls to Post-Pandemic Low
ING: Next year, the CSI Commodity Equity Index will experience a "Put year," while Gold will still shine!
① ING expects that the Global situation will put pressure on the Energy and CSI Commodity Equity Index markets, but the outlook for Gold remains bright. ② The report points out that Trump's tariff plans may disrupt the oil, Metal, and Agriculture markets; ③ However, ING predicts that the average Gold price will rise to $2,760 per ounce by 2025, primarily influenced by central bank purchases of Gold and the appeal of Gold as a safe-haven asset.
MetalsFocus: It is expected that gold demand in the Middle East will slow down in 2024, and risks will still exist next year.
Recently, MetalsFocus indicated that the average gold price is expected to increase by 23% year-on-year this year, while the gold jewelry Consumer in the region is expected to decrease by 8% year-on-year.
Gold Prices Could Hit $3,000 per Ounce in 2025, Goldman Sachs Says
Will gold continue to shine next year? Goldman Sachs is listed as one of the “three major catalysts”: see you at $3,000!
① Goldman Sachs expects the price of gold to rise 11% to $3,000 per ounce by the end of 2025; ② Goldman Sachs believes that interest rate cuts by the Federal Reserve, increased gold purchases by central banks, and rising geopolitical uncertainty are the three major factors driving the price of gold higher.
Barrick Gold Seeks Buyers for Tongon Gold Mine in Ivory Coast
Gold Takes a Breather at $2,700 With All Eyes on US Inflation
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Gold: Technical Reversal Here Could Spark a Selling Spree
International gold prices have surpassed 2,700 US dollars! Most of the Hong Kong stocks in the Golden Industrial Concept are strengthening, with ZHAOJIN MINING rising over 7%.
① Has China's Gold reserves increased by the end of November? ② What is the Analyst's view on the overnight rise in Gold prices?
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