On the eve of the election, Goldman Sachs suddenly made significant adjustments to the "long gold" trade.
Goldman Sachs believes: Without exaggeration, "everyone we've spoken to is long gold," so they have reduced their gold positions to lower risk, "leaning towards holding long positions through options, this way there's enough ammunition to buy on dips."
How to trade gold this week? JPMorgan: No matter who wins, if the gold price pulls back, it's a buying opportunity.
JPMorgan believes that in the long term, gold continues to benefit from the Fed's rate-cutting cycle, central bank purchases, and the global trend of currency devaluation.
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Currently, the gold price is inflated, and a pullback is only a matter of time. The period from the end of the year to the beginning of 2025 may be a good time to buy gold.
JPMorgan: If Trump wins, bitcoin and gold are expected to rise further
Retail investors are flocking into bitcoin and gold etf in large numbers before the election. Jpmorgan believes that in the event of Trump's victory, both may have greater upside potential.
Iran is preparing to launch a large-scale retaliatory strike against Israel "in the coming days"!
Israeli officials revealed that a large-scale retaliation by Iran may occur before the USA election day, and Iran's response will be unimaginable for Israel.
What happened? Gold 'frightened' and broke through the 2750 barrier!
The latest data has not confirmed that the anti-inflation struggle has ended, and some analysts are worried that the Federal Reserve will press the pause button after cutting interest rates by 25 basis points next week. Nevertheless, is gold just experiencing a technical adjustment?
It's been soaring all the way! Spot gold continues to hit new historical highs, less than ten dollars away from the $2800 mark.
①Spot gold once rose above the $2790 level, reaching a high of $2790.01 per ounce, continuing to hit a new historical high; ②The CME's "FedWatch" tool shows that the market expects over a 96% chance of the Fed cutting interest rates by 25 basis points on November 7th.
No matter how the non-farm payrolls and PCE data turn out, will the Federal Reserve still cut interest rates?
The analyst said that no matter what the data says, the Federal Reserve has already cut interest rates by 25 basis points in November.
The Fed's big trouble: After the election, all roads lead to inflation!
Economists are more concerned about Trump than Harris. His proposals on immigration, taxation, and trade may lead to higher deficits, inflation, or both. Once price pressures spread, the Fed will find it difficult to stand idly by. At that time, the Fed may change course and resume raising interest rates.
Why is the "shining journey" of gold not over yet? Read this article to find out.
①Last week, gold prices hit a record high; ②The decline in interest rates and the escalation of geopolitical tensions have increased the attractiveness of gold as a safe-haven asset.
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Is the "silver squeeze" real? Silver prices are expected to break through $50!
The analyst pointed out that bulls should pay attention to the real call factors, as the decrease in silver resources will force prices to rise.
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"Commodity King" warns: The USA economy will face "extremely severe" recession, preferring silver over gold.
Legendary investor rogers believes that gold, silver, and oil, as well as other csi commodity equity index, have broad prospects, and he expects a bear market in US stocks, bullish on stocks in china.
Renowned economist warns: Is the surge in gold prices leading to a new era of gold driven by global financial changes?
The price of gold fell by more than 1% on Wednesday after reaching a historical high, mainly due to profit-taking triggered by the strengthening of the US dollar and the rise in US Treasury yields.
Gold dives nearly $40! Is the pullback just temporary?
Gold fell on Wednesday due to profit-taking, but analysts believe that the price of gold is still bullish in all aspects, with short-term attention on the resistance level...
How to chase the "gold" wave? These gold mining stocks may welcome a good opportunity, with the highest doubling in the year.
Due to the rising mining costs and high corporate interest rates in recent years, the performance of gold mining stocks has been poor, but with the decrease in energy extraction costs and the rise in gold prices, the leverage effect of operation may help gold mining stocks outperform physical gold in the gold bull market.
Institutions: Silver is the strongest in decades, with weak oil fundamentals but high risk of recent soaring.
Citigroup believes that as geopolitical conflicts intensify, central banks around the world will have strong demand, and gold as a safe-haven asset is expected to rise to $3000 per ounce in the next year. When sentiment weakens in developed markets, silver usually experiences its strongest bull market. Citigroup expects silver prices to rise to $40 per ounce in the next year. Additionally, Citigroup believes that fears of short-term supply shortages may push oil prices up to $120 per barrel.
"All roads lead to inflation," the legendary investor announced that he will be bullish on gold and bitcoin.
Legendary American investor and billionaire hedge fund manager Paul Tudor Jones said that he holds gold, bitcoin, and the CSI Commodity Equity Index. He believes that regardless of who is elected president, inflation in the USA will rise.
The silver price is expected to reach $40 by the end of the year.
In 2024, the global total supply of silver is close to 1.004 billion ounces, while the total demand is 1.219 billion ounces.