SIL241220C38000
- 0.05
- 0.000.00%
Global X Funds Global X Silver Miners Etf (Post Rev Spl Newsroom
Gold Futures End Lower
Goldman Sachs Delays $3,000 Gold Forecast, Sees Fewer Rate Cuts In 2025
"Is the 'Trump Shock' putting an end to the Gold feast? Goldman Sachs changes its stance: Gold prices may struggle to rise to 3,000 dollars by the end of the year."
①Goldman Sachs predicts that gold prices may not rise to $3,000 by the end of the year, as Trump's policies may lead the Federal Reserve to reduce the scale of interest rate cuts in 2025; ③Goldman Sachs pointed out that central banks' continued buying of gold is a key driving factor for long-term gold prices, and it is expected that by mid-2026, the average monthly purchase volume by central banks will reach 38 tons.
Wall Street continues to look forward to the Gold bull market: aiming for 3,000 dollars.
After experiencing a glorious year in 2024, Fund managers still see reasons to remain Call.
Goldman Sachs has changed its mind! It has lowered the Target Price for Gold and no longer expects it to reach 3000 USD by the end of the year.
Goldman Sachs pointed out that the slowdown in the USA's monetary policy easing in 2025 will suppress the demand for Gold ETFs. Therefore, it is expected that the gold price will reach $2910 per ounce by the end of this year, rather than the previously anticipated $3000 per ounce. Goldman Sachs also expects the gold price to reach $3000 per ounce by mid-2026 as the Federal Reserve continues to cut interest rates.
Federal Reserve officials express concerns about inflation, and gold prices hover around $2,640.
Statements made by Federal Reserve officials over the weekend have reinforced the view that the Fed will adopt a more cautious approach to interest rate cuts this year.
Top-rated Material Stocks After Sector Is the Only One to Post a Fall in 2024
Gold Futures Likely To Be Volatile Next Week
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Emerging-Market Currencies Diverge From Gold on Trump Haven Bid
Commodity Roundup: Gold, Oil Futures Set for Weekly Gain as Traders Brace for Trump Policies
Gold's Rally Tested By Overhead Resistance
Gold Starts 2025 With Strong Showing; Bank of Singapore Sees Further Gains
Gold Just Saw Its Biggest Yearly Gain Since 2010 — Here's Why Wall Street Says Prices Will Go Even Higher
Gold Price Surge Pushes Rolex to Raise Prices for Iconic Watches
Commodity Roundup: Oil Rises to Start New Year, Russian Gas Exports to EU via Ukraine Halted
Big Banks Forecast $3,000 Gold in 2025 After Best Yearly Performance Since 2010
Gold Continues To Be Safe-Haven For Investors During Market Uncertainties
Gold Price Outlook: Key Levels to Watch for Potential Upside