No Data
Gold prices continue to break records, and bullish sentiment remains high. Major banks predict that it may reach 3,000 next year.
Sabrin Chowdhury, the head of BMI commodity analysis, said "2024 is expected to be a year when gold sets multiple new highs", emphasizing the appeal of gold as a safe haven asset. Citigroup analysts predict a target price of $3,000 per ounce by mid-2025, with an average price expected to be $2,550 in the fourth quarter of this year.
With gold prices reaching new highs, what trading logic should we focus on? | Moomoo research
Gold Prices Keep Breaking Records in 2024. Central Banks Are Driving the Rally.
Gold hits a new record high, Eu raises smallpox epidemic alert level | Global Market
① S&P, Nasdaq rose for 7 consecutive days, and the three major indexes of US stocks jointly recorded the largest weekly increase this year; ② The Fed's interest rate cut cycle is approaching, and spot gold has historically exceeded $2,500/ounce for the first time; ③ Officials in multiple countries expect that "Iran will postpone retaliation plans" and US Secretary of State flew to the Middle East on Saturday; ④ The EU has raised the monkeypox epidemic alert level, and multiple news have stimulated monkeypox concept stocks to continue rising.
Gold Extends Record Run as Broad Market Volatility Lures Buyers
Gold Price Consolidates Amid Geopolitical Risks, Reduced Bets for 50 Bps Fed Rate Cut