Expectations of interest rate cuts becoming a "reassurance pill"! Safe-haven funds are flowing into bonds and gold.
Global investors sold stock funds for the second consecutive week in the week ending September 11th.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the US Dollar Following Recent Economic Data.
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.
This year 2600, next year 3000! Banks are bullish on gold.
Goldman Sachs says gold has the greatest potential for price increase in the near future, and gold remains its preferred tool for hedging geopolitical and financial risks.
Fed to Be the Focus of the Gold Market Next Week – Commerzbank
Gold Gets Lift as Media Revives Debate Over Fed Rate Cuts