The Middle East tension cooled down, with the gold price experiencing the largest drop in four years, yet Wall Street remains bullish on the future performance.
As the ceasefire agreement between Israel and Hezbollah approaches, the gold price hit the largest drop in four years.
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US media reports that Israel and Lebanon have reached a ceasefire agreement! Gold and crude oil product plummet.
Gold seems to have quite a few bearish factors this week...
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.
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French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.
① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.
If inflation resurges, gold, crude oil product, and copper will likely not withstand it.
Since the usa election, gold, crude oil product, and copper have all declined. If Trump 2.0 brings inflation back, resisting inflation will not be easy.
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 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.
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.
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.
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.
A visual overview of the Trump 2.0 policy timeline! What investment opportunities are worth paying attention to?
Analysis indicates that Trump 2.0's policy may still be within the framework of 1.0, but the pace may accelerate, and domestic and foreign policies may become more assertive. Trump may be more firm in practicing the "America First" principle, implementing tougher immigration and trade policies.
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.
Bitcoin hits a new high, racing toward 0.1 million dollars! The asset management scale of bitcoin etf is expected to surpass that of gold etf.
① As bitcoin continues to reach new highs and approaches the $0.1 million mark, the asset management scale (AUM) of us etfs directly investing in bitcoin surpassed $100 billion for the first time this Thursday; ② This also brings us cryptocurrency investors closer to achieving a long-awaited goal: for the asset management scale of bitcoin etfs in the usa to exceed that of gold etfs.
Zheshang: Why can gold still be bought?
The prospects of "expansive fiscal policy + re-inflation" are becoming clearer, the trend of deteriorating dollar credit is difficult to reverse, and central bank demand for gold is expected to continue to strengthen, thus driving a long-term bull market for gold. In the future, we may see a long-term decoupling of real interest rates, the usd, and gold.
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