The gold price has once again broken through 2700 dollars during the session! Wall Street is bullish, and will the Gold ETF likely take off accordingly?
Recently, Morgan Stanley released the 2025 Commodity Outlook report, stating that Gold remains the "best choice" for hedging uncertainties, expecting the price to rise to $3000 per ounce next year, with an average of $2950 per ounce by the fourth quarter.
Goldman Sachs raises a Call for Gold, but warns of this major downside risk.
Goldman Sachs believes that the correction of Gold after the election is only temporary. In their opinion, the strengthening of the US dollar does not pose a threat to the rise of Gold, the real risk lies in......
Gold Takes a Breather at $2,700 With All Eyes on US Inflation
A major Gold market trend is about to break out! The USA CPI is coming, and FXStreet Analyst provides the latest trading analysis on Gold prices.
On Wednesday morning in the European market, spot Gold traded around $2,693 per ounce; during the Asian session, the gold price briefly broke through the $2,700 per ounce level. FXStreet Senior Analyst Dhwani Mehta pointed out that from a technical perspective, gold prices have broken through the moving average, and the Relative Strength Index (RSI) indicates a Call.
"Assets that no one can freeze" - Russia rekindles its obsession with Gold.
To support that war, the Kremlin could only buy Gold in bulk and exchange it for hard currency through a new "Gold trade route." This might be the reason why spot prices are reaching new highs...
The differences in the spot and futures prices of Gold have sparked heated discussions! Are the bears being "strangled"?
Traders need to pay attention to liquidity risk, especially during periods of abnormal market fluctuations, and try to avoid trading in environments with high spreads or insufficient liquidity.
Gold: Technical Reversal Here Could Spark a Selling Spree
What happened?! Gold suddenly plunged sharply, with the price dropping nearly 30 dollars from the day's high. How to trade Gold.
#Gold Technical Analysis# On Wednesday (December 11), during the Asia market's late trading, spot Gold suddenly plunged significantly, falling to a low of $2674.69 per ounce, nearly dropping $30 from the earlier reached intraday high.
Is a debt crisis about to occur? Dalio: Will invest in Gold and Bitcoin and other "hard currencies"!
Ray Dalio, founder of Bridgewater Fund, one of the world's largest hedge funds, stated on Tuesday that he will invest in hard currencies such as Gold and Bitcoin, while avoiding debt-related Assets, as most major economies are facing rising debt ratios. He added that the debts of many major countries, including the USA, have reached unprecedented levels and emphasized that the current debt levels are unsustainable.
International gold prices have surpassed 2,700 US dollars! Most of the Hong Kong stocks in the Golden Industrial Concept are strengthening, with ZHAOJIN MINING rising over 7%.
① Has China's Gold reserves increased by the end of November? ② What is the Analyst's view on the overnight rise in Gold prices?
What is going on?! Gold prices have surged nearly 34 dollars due to significant data from the USA. How to trade Gold?
On Tuesday, due to the intensifying geopolitical tensions and strong expectations for the Federal Reserve to cut interest rates next week, Gold prices surged nearly $34, reaching a two-week high. Peter Grant, Vice President and Senior Metal strategist at Zaner Metals, stated: "The escalating tensions in the Middle East have heightened market concerns, thereby promoting safe-haven Bids."
Gold Price Nears $2,700 as Rate Cut Expectations Fuel Rally
Ray Dalio, founder of Bridgewater Fund: Invest in Gold and Bitcoin, and stay away from debt-related Assets.
On Tuesday, Ray Dalio, co-founder of Bridgewater Associates, one of the largest hedge funds in the world, stated at a financial conference in Abu Dhabi that in the context of worsening debt issues facing most major economies, he prefers to invest in "hard currencies" such as Gold and Bitcoin, while avoiding debt-related Assets: I believe there may be issues with debt currencies. I want to avoid debt-related Assets, such as Bonds and Other forms of debt, and Hold some hard currencies, such as Gold and Bitcoin. Hard currencies typically refer to currencies backed by physical Commodities like Gold and Silver, and Bitcoin is also classified as a hard currency due to its stability and controllable supply.
Is the pullback or the right time to jump in? Gold prices have soared this year! Major banks predict it will hit the 3,000-dollar mark next year.
In the past two years, going long on Gold can be said to be one of the hottest Trade varieties in the market, with a cumulative increase of nearly 50% in spot Gold prices. This year, under the catalysis of a series of events, the spot Gold price even reached a historically high price of $2788.5 per ounce on October 30.
New information just arrived regarding the ceasefire in the Middle East! Gold prices have fallen by more than 12 dollars from today's high. How to trade Gold?
On Tuesday morning in the European market, spot Gold is trading around 2661 USD per ounce, having retreated more than 12 USD from the intraday high of 2674 USD per ounce. The USD has started to rebound, currently located around 106.35. The strength of the USD has led Gold prices to give back most of today's gains.
Bank of America: In the second half of next year, gold will reach 3000 dollars!
The analyst at Bank of America stated that the growing usa deficit poses a significant risk to the trend of de-dollarization, with market expectations that central banks around the world will continue to buy gold and support its price.
Gold Prices Rise as Geopolitics, Wall St Losses Fuel Haven Demand
Gold prices have surged sharply in the short term! The price of gold has just broken through 2,670 dollars. FXStreet's chief analyst analyzes the technical outlook for gold.
On Tuesday during the Asian market, spot gold suddenly surged rapidly, with the gold price just breaking through the 2670 USD/ounce mark, rising over 10 USD within the day. FXStreet's chief analyst Valeria Bednarik stated that gold prices are regaining a call trend and are expected to continue rising in the short term.
The outlook for interest rate cuts by the Federal Reserve has suddenly changed! Gold prices soared by 27 dollars. How to trade gold in response to this "major event"?
The main driving force was the China central bank's resumption of gold purchases after a six-month hiatus, combined with significantly enhanced market expectations for a Federal Reserve interest rate cut next week, further boosting bullish sentiment. On Monday, gold prices hit a two-week high. The market anticipates an 87% likelihood of a 25 basis point rate cut by the Federal Reserve next week, up from less than 70% last week.
Gold Holds Advance Before US Data That May Shape Fed Rate Move