Gold sees a big pullback again. Those who bought etf can't sit still and are leaving. Can I still buy this dip?
Gold has recently undergone a major correction, and many investors have chosen to exit the market. Consequently, the net values of many gold-related funds have also fallen. However, 19 funds have still seen their net values increase by over 20% this year. Institutions believe that the long-term driving force for gold remains unchanged.
Gold Price Surge on Risk Aversion and Overcome Strong USD
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UBS Predicts Gold Will Hit $2,900 per Ounce in 2025
Can gold still rise? ubs group: There will be a new high in 2025, but the increase will not be as strong as this year.
UBS Group expects that in the short term, gold prices will mainly consolidate with fluctuations, but diversified demand and risk aversion will continue to support the rise in gold prices. It is expected that the price will hit a historical high in 2025, with a year-end target price of $2900 per ounce, and the upward momentum may slow down compared to this year.
Why Gold Is a Better Bet Than Stocks for 2025