Wheaton Precious Metals Sector Perform Rating, US$60 Price Target Confirmed at RBC Capital Markets
Gold Holds Near Record Highs Amid Anticipation Of Fed Rate Cut
Wheaton Precious Metals Funds Green Mining Innovation
Gold Prices at All-time Highs as Traders Eye Deeper US Rate Cut
Golden industrial concept continues to rebound, gold breaks through $2600 to reach a new high since listing, institutions believe sector valuation repair is expected.
Golden industrial concept continues to rebound. As of the time of publication, Chi Silver Gp rose by 3.51%; SD Gold rose by 3.03%; Chinagoldintl rose by 2.34%; Zijin Mining Group rose by 0.69%.
Gold's an 'All-Weather Hedge Against Whatever Happens Next' as Fed Decision Nears
On the eve of the September interest rate meeting, a report ignited expectations of a 50 basis point interest rate cut, causing stocks, gold, and bitcoin to all rise.
"New Federal Reserve Communications Agency" article stated that Federal Reserve officials are considering whether to cut 25 or 50 basis points. Futures linked to the Federal Reserve's policy rate indicate that traders on Friday expect the probability of a 50 basis point rate cut by the Federal Reserve to rise to 47%, with a close to 50/50 chance, while the probability estimated on Thursday was only 28%.
Gold: Final Test Before Takeoff? [Video]
Gold Is Going Higher [Video]
Gold hits a new high, is it trading on the US election cycle? CitiBank: Expected to reach $3000 next year!
The spot gold price has reached new highs in recent days, with prices breaking through $2,580 per ounce in early trading on Friday, and New York gold futures surpassing $2,600 per ounce, both reaching historical highs. Spot gold is expected to have its best performance since 2020, with a year-to-date increase of over 24%. Citibank analysts say that due to the loose monetary policies of major central banks and the tense situation of the US presidential election, the price of gold is expected to reach $3,000 next year. Data shows that gold prices have soared during the terms of the recent several US presidents, starting from the time the new president takes office.
Breaking through 2580! The market is experiencing a "golden tsunami", and the expectation of interest rate cuts is the strongest driving force.
①Spot gold prices strengthened by more than $20 in the short term, hitting a high of $2583.36 per ounce, setting a new historical high; ②Traders have raised the probability of the Federal Reserve cutting interest rates by 50 basis points next week from 14% yesterday to 41%. Former New York Fed President Dudley said during the day, "The reasons for cutting 50 basis points are very sufficient."
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.
Fed to Be the Focus of the Gold Market Next Week – Commerzbank
Gold Gets Lift as Media Revives Debate Over Fed Rate Cuts
Is the outlook for gold, silver, and copper optimistic?
The metal market this year has undoubtedly experienced significant volatility, especially in gold, silver, and copper.
Gold Miners ETF Expects Continuation of Bullish Trend [Video]
Metals Prices Expected to Be Steered by Fed Bets - Market Talk -- Market Talk
Gold Marks Fresh Record High as Inflation Data 'Set the Stage' for Fed Rate Cut
Express News | Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the US Dollar Following Recent Inflation Data
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