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Billionaire John Paulson Bullish On Gold Miners, Including This Penny Stock
Shares of Stocks in the Broader Metals and Mining Sector Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
After a 30% surge this year, who will buy gold next year? JPMorgan: Global central banks, Chinese mothers, and Western Gold ETFs all have room for growth.
Driven by macroeconomic uncertainty and expectations of interest rate cuts by the Federal Reserve, Global central banks, China Consumers, and Gold ETFs are set to become the main buyers of gold next year. JPMorgan predicts that the gold price may exceed $3,000 per ounce by 2025.
Shares of Precious Metals Stocks Are Trading Lower Amid a Drop in Gold Prices Following US Economic Data.
Heraeus: Silver is expected to reach 40 dollars next year, and its performance is likely to surpass Gold once again!
Analyst at Heraeus pointed out that the value of Silver relative to Gold is still at a historical low, and in the later stages of a bull market, Silver often performs better than Gold.
MetalsFocus: It is expected that gold prices will hit historic highs in the coming months, which will drive silver prices higher.
MetalsFocus released the Precious Metals monthly report for December 2024.