Two major pieces of news from Russia and Ukraine, gold surges again! Gold price soars nearly $15 within the day. How to trade gold.
In early European trading on Thursday, spot gold accelerated its short-term rise, with the price approaching $2665 per ounce, a nearly $15 surge intraday. FXStreet senior analyst Dhwani Mehta pointed out that the gold price is at its highest level in over a week. Geopolitical risks continue to support the traditional safe-haven gold prices.
Is the turning point of gold and US stocks approaching? Keep a close eye on this important time node!
Analysts point out that historically, after elections, the timing of the US stock market cooling down and the gold rebound is the same. The most likely failed type of 'Trump trade' today is......
Gold Continues Bullish Trend, Eyes US$2,700 Mark
November 21 spot gold short-term trend analysis: bullish momentum is strong, beware of usa initial claims data.
On Thursday (November 21), in the Asian market, spot gold fluctuated upward, reaching a high of $2,660.31 per ounce, the highest level since November 11. It is currently traded at $2,656.75 per ounce, an increase of about 0.25%, continuing to be supported by safe-haven demand amidst the escalation of the Russia-Ukraine war. On Wednesday, Ukraine launched multiple British "Storm Shadow" cruise missiles at Russia, following the use of USA ATACMS missiles against Russia on Tuesday, marking the latest Western weapon that Ukraine is permitted to use against Russian targets. Meanwhile, the USA vetoed the United Nations Security Council resolution on a ceasefire in Gaza, which complicates the current situation.
After a significant rise in gold prices, the first target has been successfully achieved! The next target is aimed at this level. Well-known institutions' gold trade analysis.
On Thursday, at the end of the Asian market, spot gold maintained an upward trend during the day, currently priced around $2658 per ounce. According to Economies.com, the gold price has successfully reached the first target of $2655.00 per ounce, paving the way for further increases.
The demand for hedging has ignited the gold bulls, with gold prices rising for four consecutive days! Analysts say that in the coming years, 3,000 dollars will look "very cheap."
Goldman Sachs expects gold prices to rise further to $3,000 per ounce by the end of next year, while UBS Group anticipates gold prices will reach $2,900 per ounce.
Commodity experts predict that gold will soar to a historic high next year!
Analysts indicate that Trump's policies and goals are contradictory, which will create uncertainty and lead investors to flock to defensive assets such as gold.
Gold will continue to shine! Commodity experts: Gold prices will hit new highs repeatedly in the first year of "Trump 2.0"!
①csi commodity equity index expert Jeffrey Christian expects the price of gold to reach a new historical high by the end of January next year, as significant uncertainty in the "Trump 2.0" policy will lead investors to flock to gold and other defensive assets for safety. ②He believes that the recent decline in gold prices may be due to some investors taking profits.
Gold sees a big pullback again. Those who bought etf can't sit still and are leaving. Can I still buy this dip?
Gold has recently undergone a major correction, and many investors have chosen to exit the market. Consequently, the net values of many gold-related funds have also fallen. However, 19 funds have still seen their net values increase by over 20% this year. Institutions believe that the long-term driving force for gold remains unchanged.
Gold Price Surge on Risk Aversion and Overcome Strong USD
Buy Gold After Its Pullbacks - Because It May Hit $3,000 in 2025
Gold Continues to Glitter: ETFs to Tap Its Safe Haven Appeal
UBS Predicts Gold Will Hit $2,900 per Ounce in 2025
Gold Futures Ease On Subdued Demand
Can gold still rise? ubs group: There will be a new high in 2025, but the increase will not be as strong as this year.
UBS Group expects that in the short term, gold prices will mainly consolidate with fluctuations, but diversified demand and risk aversion will continue to support the rise in gold prices. It is expected that the price will hit a historical high in 2025, with a year-end target price of $2900 per ounce, and the upward momentum may slow down compared to this year.
Urgent! The US Embassy in Kyiv warns of a 'potential major air strike.' Be cautious of another surge in gold prices. How to trade gold?
In early European trading on Wednesday, short-term gold prices fell, with the current price trading near $2629 per ounce. Analysts pointed out that gold prices have risen significantly recently, leading some investors to take profits, causing a short-term decline in gold prices. However, if geopolitical tensions escalate again, this could propel gold prices to rise sharply once more.
COMEX Gold Hits New Highs, Analysts Anticipate Further Gains
Breaking news! Ukraine launches a major drone attack. Notable institutions' trade analysis: gold prices are expected to rise by more than $20 again.
In the Wednesday afternoon of Asia, after a significant rise in the spot gold price over the past two trading days, it remains firm, currently around 2632 dollars per ounce. According to Economies.com, the technical aspect of gold continues to be bullish, and the gold price is expected to rise further, with the first target aiming at 2655.00 dollars per ounce.
Putin's approval of the new version of Russia's nuclear deterrence policy has triggered safe-haven demand, with gold rising for two consecutive days and returning above $2600.
Due to the escalation of tensions between Russia and Ukraine, the demand for safe-haven assets has increased, and gold prices have risen for two consecutive days.
No danger! On the 1000th day of the Russia-Ukraine conflict, global market risk aversion sentiment is "here today, gone tomorrow".
On the 1000th day of the Russia-Ukraine conflict, the geopolitical tension seems to have become a major hindrance to the market overnight; However, fortunately, the market trends of stocks, bonds, and foreign exchange markets were still relatively stable on that day…