How will Trump 2.0 policies affect global capital markets? Bank of America Merrill Lynch lists three possible scenarios that may arise.
Bank of America Merrill Lynch believes that in the best-case scenario, the US GDP growth rate will exceed 3%, the US dollar will be slightly strong, and the gold price will be relatively low; in the worst-case scenario, aggressive tariff policies will impact global trade, exacerbate the risk of US recession, and cause a sharp decline in US stocks; in the tail risk scenario, the US economy will fall into stagflation, the US dollar will weaken across the board, and gold and cryptos will benefit.
Trump's decision to cease fire in the Middle East sparked a 'bloodbath' in gold! Gold prices plunged more than 53 dollars. How to trade gold?
At the end of Monday's Asian market, spot gold continues to show a significant decline during the day, with the current gold price around $2,662 per ounce, plummeting more than $53 during the day. FXStreet analyst Haresh Menghani pointed out that the nomination of Bensent as Secretary of Treasury by elected President Trump has cleared a major point of uncertainty in the market.
Did Trump's major decision trigger the market? Spot gold once fell more than $60.
On Monday, the Asian session saw a huge shake-up in gold, with investors profit-taking one after another, indicating a possible shift in favor of gold sellers.
Gold Steady After Strong Surge Amid Escalating Ukraine Conflict
Gold will continue to shine! Goldman Sachs: it will reach 3000 dollars next year, with global central banks being the 'main driver'.
① Goldman Sachs predicts that gold prices may reach $3,000 per ounce next year, as central banks around the world continue to buy gold in large quantities; ② the firm also believes that gold is the preferred trade for combating inflation and geopolitical issues in 2025.
Gold suddenly changes its trend! Important ceasefire news from the Middle East causes gold prices to plummet more than $17 intraday. How to trade gold?
On Monday during Asian market trading, spot gold suddenly plummeted significantly, with the gold price just dropping below 2,700 USD/ounce, a daily drop of over 17 USD. According to a recent report by the well-known USA website Axios, two senior Israeli officials and two American officials told Axios that Israel and Lebanon are about to reach a ceasefire agreement to end the conflict between Israel and Hezbollah.
Hezbollah suddenly launched "heavy rockets", Israel carried out a large-scale attack on Beirut! Gold surged to 2721. Putin signed significant legislation.
Hezbollah launched heavy rockets at Israel, prompting Israeli forces to launch a large-scale attack on Beirut, causing gold to open high on Monday at $2,721. Putin signed a law exempting new soldiers fighting in Ukraine from debt.
Gold opens with a big rally! After a sharp decline, the price of gold soared nearly $20. Important news from Iran is suddenly released. Two charts to see the technical outlook of gold. How can investors profit and close out?
After the start of the Asia trading session on Monday, spot gold experienced violent fluctuations, with the price once dropping sharply to $2691.68 per ounce, but then the price rebounded significantly, recently peaking at $2721.38 per ounce. Reuters reported that Ali Larijani, a senior adviser to Iran's Supreme Leader, said in an interview on Sunday that Iran is preparing to 'respond' to Israel.
Major news from Trump has triggered a market surge! The dollar plummeted by 70 points, and gold prices experienced a short-term shock of 26 dollars. What exactly is going on?
After the opening of the Asian markets on Monday, the financial market experienced extremely intense fluctuations. The US dollar index opened significantly lower with a gap down, currently falling to 106.80, a sharp drop of 70 points intraday. Bloomberg reported that President-elect Trump nominated Scott Besent to serve as the US Secretary of the Treasury, causing the recent bullish trend of the US dollar to cool down.
Gold surged nearly 6% in a single week! Goldman Sachs: Still the top asset choice for next year.
The surging dollar is no longer a stumbling block preventing gold prices from continuing to rise.
Weekly Outlook: PCE with minutes of the Fed meeting incoming, pay attention to important signals of gold prices.
Gold surged an astonishing $153, possibly sending an important price signal, stubborn inflation is expected to strengthen the Fed's "slowdown" policy, the US dollar remains unstoppable; the US stock market has not reached its call limit, speculating that Trump will not let the stock market fall.
The reason for the sharp increase in gold prices by nearly $47 on Friday! Putin sends an important signal, FXStreet analyst analyzes the technical outlook for gold prices.
On Friday, the gold price broke through the $2700/ounce mark for the first time in over two weeks, driven by the escalating Russia-Ukraine crisis. FXStreet analyst Christian Borjon Valencia pointed out that on Friday, as US Treasury yields declined, gold prices rose to a two-week high. Geopolitical tensions continued to support the gold bid.
Risk aversion is rising, gold is back above the $2700 level.
Recently, gold futures have recorded the largest weekly increase since March 2023, ending three consecutive weeks of decline.
As risk aversion intensifies, gold has risen above the $2,700 mark again.
Recently, gold futures have recorded the largest weekly increase since March 2023, ending three consecutive weeks of decline.
Gold: To Lifetime Highs? ; Euro Exceeds Downside Targets
Gold Is up 5% This Week Because It's a 'Preferred' Hedge to Global Risks, UBS Says
The gold price has returned to $2700, and China Construction Bank continues to raise the entry threshold for individual gold rsp, conservative and cautious customers will no longer be able to invest in this product.
On the evening of November 22, China Construction Bank Corporation announced that starting from tomorrow, it will adjust the risk rating of the Easy Gold (physical gold rsp) product to 'medium risk.' Conservative and cautious customers will not be able to carry out the aforementioned 'Easy Gold' corresponding trades.
Spot gold briefly rose above the $2,700 mark as the escalating conflict between Russia and Ukraine highlighted the appeal of safe-haven assets.
① The spot gold price is expected to achieve the largest weekly increase in over a year this week, reaching a daily high of $2700.21 per ounce; ② The situation between Russia and Ukraine has become complicated, with Russia testing a "new type of medium-range hypersonic missile"; ③ Global central bank bids have driven gold prices to rise more than 30% since the beginning of the year.
Is the "grass-eating" trend coming to an end? Gold is expected to have the most "bullish" week in a year.
The tense geopolitical situation has once again boosted, and the road to new highs for gold may not be over yet.
Gold has suddenly exploded! The gold price has surged nearly 30 dollars in one day. What will happen next? The analyst's latest technical analysis.
During the early European session on Friday, spot gold prices suddenly surged again in the short term, with the price approaching $2700 per ounce and a nearly $30 increase within the day. FXStreet analyst Haresh Menghani wrote that on Friday, gold prices rose for the fifth consecutive day, reaching a high point in nearly two weeks. The escalating Russia-Ukraine conflict continues to drive the safe-haven capital trend towards gold.