XGD ISHARES S&P/TSX GLOBAL GOLD IND ETF UNIT
- 22.430
- -0.530-2.31%
Toronto Stocks Retreat; Enghouse Systems Shares Down on 4Q Revenue Miss
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ING: Next year, the CSI Commodity Equity Index will experience a "Put year," while Gold will still shine!
① ING expects that the Global situation will put pressure on the Energy and CSI Commodity Equity Index markets, but the outlook for Gold remains bright. ② The report points out that Trump's tariff plans may disrupt the oil, Metal, and Agriculture markets; ③ However, ING predicts that the average Gold price will rise to $2,760 per ounce by 2025, primarily influenced by central bank purchases of Gold and the appeal of Gold as a safe-haven asset.
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Ford threatens to cut off energy supply to U.S. in response to Trump's tariffs
Will gold continue to shine next year? Goldman Sachs is listed as one of the “three major catalysts”: see you at $3,000!
① Goldman Sachs expects the price of gold to rise 11% to $3,000 per ounce by the end of 2025; ② Goldman Sachs believes that interest rate cuts by the Federal Reserve, increased gold purchases by central banks, and rising geopolitical uncertainty are the three major factors driving the price of gold higher.
Canada's Provinces Press Trudeau for 'Robust' Retaliation in Event of 25% U.S. Tariff
TSX Closer: The Market Surges as the Bank of Canada Makes Its Jumbo Cut, Further Cuts Predicted
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Bank of Canada Cuts Policy Rate By Half-Point to 3.25%
Canada's Finance Minister Signals Size of Deficit No Longer a Key Fiscal Anchor
Toronto Stocks Decline; Lundin Gold Shares Down on Higher Costs in 2025 Guidance
Market Falls Wednesday, but Googles Chip Impresses | WST
Google's Quantum Chip Might Have Contacted Parallel Universes | Live Stock
Everything You Need to Know on Tuesday: Scotiabank Anticipates Potential 50 Basis Point Rate Cut from Bank of Canada