Wall Street is in agreement: gold is expected to rise above $3000!
Bank of America believes that gold is the best hedging asset. Goldman Sachs points out that since the outbreak of the Russia-Ukraine conflict, global central banks' demand for gold has quadrupled. Morgan Stanley believes that the impact of gold ETFs, central banks, and individual investors' positions in the futures market on the price of gold continues to increase. Citigroup also points out that currently, the overall demand for gold investments, including public and private investments, remains at historically high levels, putting upward pressure on the price of gold.
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.
Be careful! Tonight's non-farm may be seriously "distorted", is the gold rally unlikely to end?
At 20:30 Peking time, the usa will release the October non-farm payroll report. The market expects that severe hurricanes and major labor strikes may lead to a significant decrease in new employment in October, making it the slowest month of employment growth in nearly four years, but the unemployment rate will remain stable.
Encountering the largest single-day drop since July! Has gold been caught in a "tug of war"?
Is the current pullback in gold prices normal, or does it indicate a deeper and longer consolidation?
Investors 'cash in' on the eve of the US election, gold suffers a significant pullback.
Gold futures prices fell significantly by about $50 per ounce from the previous trading day's record high.
China Securities Co.,Ltd.: What are the common driving and ending signals for the simultaneous rise of US stocks and gold?
CBO predicts that the potential labor productivity in the usa will reach a low point in 2025. Combining the institutions' determination that the usa's fiscal expansion model is difficult to sustain, the usa's output gap will turn downward in 2025, and the simultaneous rise of US stocks and gold may come to an end, eventually leading to a wave of resonant adjustments.