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.
Scott Technology Partners With Kinross Gold to Improve Operations at Fort Knox Mine in Alaska; Shares Up 5%
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.
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.