Goldman Sachs issued a rally call for Gold: "The 'golden pit' has appeared, now is the time to build positions with the 'most confidence'."

Goldman Sachs makes a bold statement! The pullback in Gold creates an excellent buying opportunity, with a target of 3,300 dollars steady as a rock!

Golden10 Data12:40

The drop in gold prices offers an excellent buying opportunity! Goldman Sachs maintains its year-end target price expectation of $3,300.

① The global market sharply declined on Monday due to tariff risks, and gold prices also fell below $3,000, down 4.9% from this year's historical highs; ② Analysts at Goldman Sachs believe that the drop in gold prices presents a buying opportunity and maintain their forecast for gold prices to surpass $3,300 per ounce by the end of the year; ③ Goldman Sachs points out that macroeconomic risks, low investor Hold Positions, government reciprocal tariffs, demand from Emerging Markets central banks, and inflows into Gold ETFs will support gold prices.

cls.cn11:07 · Ratings

As Gold falls below 3000, Wall Street continuously issues reports: tariffs support, and gold prices will rise again!

Wall Street believes that the current risk of a Global trade war and geopolitical uncertainty will provide strong support for Gold prices. Goldman Sachs maintains its expectation that Gold prices will exceed 3,300 dollars by the end of the year, while Deutsche Bank expects Gold prices to reach 3,350 dollars per ounce by year-end. HSBC has raised the Target Price for Gold, predicting that central bank purchases of Gold and Inflows into safe-haven ETFs will be the core driving forces pushing Gold prices higher.

wallstreetcnApr 7 21:35

Is it time to buy Gold in chaotic times? The trading volume of colored theme ETFs has increased, and Futures are also diverging. How should the signals for stopping the decline be determined?

① Many Gold ETFs and Non-ferrous period ETFs have seen a surge in trading volume, with the highest transaction exceeding 8 billion yuan; ② With continuous Shareholding by the central bank and rising demands for hedging, the Non-ferrous themed ETFs are still worth watching, and the medium to long-term trend of gold prices remains unchanged.

cls.cnApr 7 19:25

The gold market did not fall into a panic sell-off? The fundamentals of Gold remain strong!

According to the World Gold Council, the correction of gold after the announcement of Trump's equivalent tariffs was expected, and the $200 drop is not considered a panic sell-off.

Golden10 DataApr 7 17:41

The central bank is accelerating its accumulation of Gold, ETF funds are flowing back, and the value of safe-haven assets is rising… Gold is facing favorable conditions!

Deutsche Bank believes that despite the pullback this week, the bullish fundamentals for Gold remain strong, and it is expected that gold prices will rise to $3,350 per ounce by the end of the year. Traditional pricing models based on the dollar, real interest rates, and risk sentiment have become difficult to explain the trend of gold prices; Gold may have entered a "new normal" driven by structural factors, especially the central bank Bid.

wallstreetcnApr 7 16:33