Continuously refreshing historical highs! Has gold entered a "new bull market"?
Driven by factors such as central bank gold purchases, rising US debt, and the possibility of the US dollar peaking, gold seems to have entered a new bull market phase...
El-Erian: The rise of gold signifies the collapse of the US dollar system.
El-Erian believes that the surge in gold prices "seems to have deviated" from traditional historical influencing factors, with strong bid support from central banks being an important driver. This may be due to people's confidence in the US dollar system starting to erode, as the process of "de-dollarization" deepens, it may lead to a severe global system fragmentation, weakening the international influence of the dollar and the american financial system.
Citigroup raises gold target price: expected to rise to $3,000 within a year!
Citigroup expects that gold may rise to $2,800 within 3 months, and could rise to $3,000 in 6 to 12 months, while silver may even reach the $40 mark.
Gold soared in this round, is $3000 the true target?
How exaggerated is the bullish trend of gold this time? Even senior investors who have never been bullish on gold in the past 25 years are starting to join the bullish camp...
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How high can the price of gold rise? Wall Street: Central bank interest rate cuts, dual stimulation of safe-haven sentiment demand, can reach at least 3000 US dollars!
UBS Group stated that there is a lot of room for shareholding in gold, with a target price of $3000 per ounce next year; Bank of America believes that the gold bull market is driven by policy and inflation, with the Fed determined to cut real interest rates in the next few quarters, investors need to hedge against the threat of inflation and dollar depreciation, gold is expected to far exceed $3000 per ounce.
Gold's next target is set at 2820? Another major event is approaching on Tuesday!
94% of the surveyed analysts and 72% of retail investors are bullish on the price of gold, with the next upside target at 2820. Will test $3000 in the first quarter of next year?
Gold hits another record high! Read this article to understand: Will the price of gold soar above $3,000 under the 'Republican Red Tide'?
1. In 2016, the Republican Party's sweep in the general election is good news for stocks, oil, and the US dollar, but very bad for bonds and gold; 2. Bank of America's Chief Strategist Hartnett believes that this time the fate between gold and oil may be reversed.
Top economists: The West should pay more attention to the rise in gold prices.
Adrian, President of Queens' College, University of Cambridge, believes that gold reflects a growing interest in alternatives to the US dollar-based financial system.
Gold hit another all-time high on Monday! Is it not too late to enter now?
Some analysts point out that it is not too late to buy gold now, because the two main drivers pushing the gold price higher have not yet 'cooled down'...
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Gold hits record high! Middle East tension + usa election boost safe-haven demand, future gold price may break $3000?
Gold prices hit a historical high of $2,723.33 per ounce on Monday, driven by escalating tensions in the Middle East and uncertainty surrounding the usa election.
Essentially ignoring traditional bearish signals! Is gold's unstoppable upward trend real?
The reaction of the gold market may indicate that investors are skeptical about this event...
Zijin Mining Group's performance in the first three quarters increased by more than 50%, planning to invest approximately 8.4 billion yuan in developing copper mining projects in Tibet | interpretations
①Benefiting from the simultaneous increase in the volume and price of nonferrous metals products, zijin mining group's net income in the first three quarters increased by more than fifty percent; ②The company plans to invest over 8 billion yuan in Tibets Zhuono Copper Mine, which is expected to start production within two years.
Net profit exceeds 36 billion yuan, 1.1 trillion leading power battery company's third-quarter report released | Highlights of the post-market announcement.
iflytek co.,ltd.: In the third quarter of 2024, the net income was 56.9614 million yuan, an increase of 120.87% year-on-year.
Is gold unstoppable? It may rise indefinitely in the short term!
Analysts generally believe that the upward trend of gold is very strong and does not appear to be peaking in the short term.
Spot gold breaks the $2700 mark for the first time in history! Is Trump the biggest bullish factor?
The gold rally continues, with the fear of the US election and the imminent tension in the Middle East boosting demand for safe-haven assets. The price of gold remains above $2700, with bulls continuing to dominate near historical highs!
Five reasons why the upward trend of gold has not ended yet!
"In a bull market, being a bystander is the worst place to be!"
Bank of America: Gold will be the "ultimate safe haven", expected to reach $3000 by the end of the year!
Analysts suggest that gold appears to be the last standing "safe haven", prompting traders, including central banks, to increase their holdings.