"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.

The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.

wallstreetcn10:37 ET

MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.

MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.

Zhitong Finance01:57 ET

Ubs Group: Gold still has room for growth, but silver will perform better.

With the call for a rate cut growing louder, international gold prices have regained their upward momentum after a brief slump in the summer. UBS, which predicted that gold will rise to $2,700 next year, reiterated its bullish outlook on gold. However, UBS expects silver to outperform gold and have a greater potential to beat the market.

wallstreetcnJul 15 04:26 ET

Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?

The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.

Analysts NotebookJul 12 11:23 ET

Jefferies Adjusts Wheaton Precious Metals' PT to $67 From $62, Keeps Buy Rating

Wheaton Precious Metals (WPM) has an average rating of buy and price targets ranging from $60 to $80, according to analysts polled by Capital IQ.Price: 59.28, Change: -0.01, Percent Change: -0.02

MT NewswiresJul 12 11:05 ET

Express News | Jefferies Maintains Buy on Wheaton Precious Metals, Raises Price Target to $67

BenzingaJul 12 10:56 ET