Gold Breaks To A New High And Can Go Much Higher, Stocks And Gold Running On 50 BPS Cut
Gold Sets A New Record As Prices Rise Higher
A new milestone is bound to be set! The gold bulls firmly believe that the price of gold will rise to $3000.
With the global major central banks easing monetary policy and intense competition in the US presidential election, the gold bulls are firmly bullish on the price of gold, which is expected to soar to a new record and is projected to reach the milestone of $3000 per ounce.
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Citic Securities: The stability of metal profits has significantly increased and the level of sector dividends continues to rise.
In the first half of 2024, the profit situation of metal companies improved significantly compared to 2023, but with the major metal prices surging and then falling back in Q2 2024, the metal sector experienced a significant pullback.
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