Historically, gold has performed poorly after elections. Will it be different this time?
Citigroup believes that gold may face pressure in the short term after the US election, but the relationship between gold and the "Trump trade" is not significant. The structural bull market of gold remains stable, and investors are advised to buy when the gold price falls, expecting the price to reach $3,000 per ounce in the next 6 months.
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Gold is advancing rapidly, with analysts shouting a target price of $3000. How should one follow up on investment at the moment? Experts remind to pay attention to channel risks.
1. UBS Group analysts predict that the price of gold will reach $2800 per ounce by the end of the year, with the potential to hit $3000 per ounce by the end of next year; 2. Investing in gold requires attention to channel risks, choose channels for selling and repurchasing gold that are smooth and secure for gold investment; 3. When buying gold, do not speculate on short-term fluctuations with a speculative mindset, do not treat buying gold as "speculating on gold" or "speculating in stocks".
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Wall Street's expectations are consistent: gold is expected to reach $3,000!
Bank of America believes that gold is the best hedging asset. Goldman Sachs pointed out that since the outbreak of the Russia-Ukraine conflict, global central banks' demand for gold has quadrupled. Morgan Stanley believes that the influence of gold ETFs, central banks, and individual investors on gold prices in the futures market continues to grow. Citigroup also pointed out that currently, the overall gold investment demand from both public and private sectors remains at historical highs, putting upward pressure on gold prices.
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"US Treasury bonds fall, gold is full"! What miraculous medicine does the gold, which keeps hitting new highs, have?
①As the spot gold price rose further to the $2790 level on Wednesday, it is now approaching the $2800 integer level; ②According to analyst Lina Thomas from goldman sachs, the inverse correlation between gold and the 10-year real interest rate is already clearly broken.
Gold soared 34% to a new high this year! Experts warn: usa may face a deep pullback after the presidential election.
On the eve of the USA election, the gold price continues to hit a historical high.
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Next year, aiming for $3000! Goldman Sachs raises its gold price target, stating that central bank demand expectations have quadrupled.
Goldman Sachs stated that gold is more popular when interest rates are cut; concerns about financial sanctions risks are driving central banks to buy gold, with the focus shifting to the US presidential election, Western investors are returning to the gold market; even by the end of next year, the central bank's gold buying pace will slow to 30 tons per month, only one-third of the monthly average size since 2022, and the gold price will rise by another 9% by the end of the year.
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