SGDM Sprott Gold Miners ETF
- 31.303
- +0.323+1.04%
Check Out What Whales Are Doing With GOLD
Barrick And The Government Of Mali Have Agreed To Find A Global Resolution To The Existing Claims And Disputes Between The Government And Barrick's Loulo And Gounkoto Gold Mining Companies
The most shining moment in 12 years! Is the "golden age" of silver about to begin?
①With the spot silver price hitting the highest level in nearly 12 years this week, the cumulative increase in the price of this precious metal has reached about 34% so far this year, even overshadowing the historically high gold prices; ②Multiple signs indicate that whether as a store of value or an industrial commodity, the demand for silver has been consistently strong recently.
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The gold price surged and banks took action! Within 10 days, 4 banks raised the threshold for this business! Industry insiders: Gold prices are rising, investment needs to be cautious.
①Multiple banks have intensively raised the minimum purchase price for gold accumulation. ②With the gold price hitting new highs again, the smallest business unit for gold accumulation products is 1 gram, and banks have correspondingly increased the minimum investment amount for gold.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with multiple measures of monetary and fiscal stimulus policies in china, not only has it promoted the soaring of A-share market, but also helped some csi commodity equity index, showing a rebound market like a dragon swinging its tail... On Thursday, LME copper broke through the $10,000 integer mark all the way, Singapore iron ore futures regained the $100 level, and spot silver prices touched a 12-year high!
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest gold consumer, recently reduced import tariffs on gold, and with India's traditional festivals and wedding season approaching; ②this will drive continued strong gold purchases in India, with global gold demand expected to remain robust in the coming months.
How much is the gold worth worldwide? New record: $20 trillion!
With the international gold price continuously hitting new highs, approaching $2700, the precious metals market has also achieved a new "milestone": the total value of physical gold globally has surpassed the $20 trillion mark for the first time! If we compare it to the stock market, all the gold in the world could almost buy the top ten listed companies globally.
If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,100 Today
Behind the Scenes of Newmont's Latest Options Trends
Gold Prices Keep Breaking Records. Here's why.
Goldman Sachs commodity trader: The purchasing volume of gold on our trading desk continues steadily, and silver has also started to fluctuate.
Goldman Sachs maintains its target of gold price rising to $2700 per ounce by 2025, indicating that the increase in gold price has just begun, as central banks worldwide continue to buy gold. The Fed's rate cuts will encourage western capital to flow back into gold ETFs, providing important hedging value for investment portfolios to deal with geopolitical shocks.
Gold prices surged through $2640, hitting a new high! UBS Group predicts: reaching 2700 next year is not a dream.
1. Spot gold prices rose more than $10 in the short term, briefly breaking through the $2640 level, reaching a high of $2640.15 per ounce, continuing to hit historic highs; 2. UBS Group analyst wrote in a report released on Monday, 'Although the record high stock price may deter some investors, we believe there are several reasons to prove that gold still has room for further gains.'
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Crazy buying! India's gold import volume exceeded 10 billion US dollars last month, reaching an all-time high.
① More and more signs show that after India lowered the import tariffs on gold this summer, the demand for gold jewelry and gold bars among Indian consumers has surged, which has increasingly become a key driving force behind the record high global gold prices... ② Data released by the Indian government this week shows that the value of gold imports in India in August reached $10.06 billion, reaching a historic high.
The Fed cut interest rates by 50 basis points, and the short-term volatility of US stocks, US bonds, and gold surged, while the dollar fell, with a reversal in trend after the huge shock.
The Federal Reserve significantly cut interest rates by 50 basis points, causing short-term fluctuations in US stocks, US bonds, and gold, and a decline in the US dollar. Afterward, there was a major shake-up in various asset classes. Powell stated that no one should consider Wednesday's 50 basis point rate cut as a new trend, and the major asset trends clearly reversed. As a result, US stocks fell across the board, gold retreated significantly from its daily high, and the decline in the US dollar narrowed.
Comex Gold Hits Record High Following Fed Rate-Cut Decision