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Newmont Newsroom
Major signal in the Gold market! Bloomberg: Wall Street institutions are heavily invested in Gold and Trump will be a bullish catalyst.
24K99 news: The USA Bloomberg reported on Monday (January 6) that after experiencing a brilliant 2024, fund managers see many reasons to remain bullish on Gold.
With "Trump 2.0" approaching, Wall Street is confident that Gold will continue to shine! The reasons are as follows……
① In 2024, Gold skyrocketed by 27%, marking the largest annual increase since 2010, primarily due to central banks making large purchases, the Federal Reserve's monetary easing policy, and geopolitical risks causing market turmoil. ② In 2025, investors expect Gold to remain attractive, as Trump's new term brings uncertainty, potentially driving Gold purchases to hedge against risks.
Wall Street continues to look forward to the Gold bull market: aiming for 3,000 dollars.
After experiencing a glorious year in 2024, Fund managers still see reasons to remain Call.
Gold has suddenly experienced a sharp pullback! FXStreet Senior Analyst: Closing below this level may trigger a significant decline in Gold prices.
#Gold Technical Analysis# 24K99 News On Monday (January 6th), in the Asian market's late trading, spot gold suddenly accelerated its decline, and the gold price just hit a low of $2630.13 per ounce, refreshing the daily low.
Goldman Sachs has changed its mind! It has lowered the Target Price for Gold and no longer expects it to reach 3000 USD by the end of the year.
Goldman Sachs pointed out that the slowdown in the USA's monetary policy easing in 2025 will suppress the demand for Gold ETFs. Therefore, it is expected that the gold price will reach $2910 per ounce by the end of this year, rather than the previously anticipated $3000 per ounce. Goldman Sachs also expects the gold price to reach $3000 per ounce by mid-2026 as the Federal Reserve continues to cut interest rates.
Some on Wall Street are heavily invested in Gold, and Trump is the biggest support for the bulls.
The factors driving the surge in Gold prices last year have basically remained unchanged, and this year there is also the huge uncertainty brought by Trump, investors remain Bullish on Gold.
Gold suddenly experienced a sharp decline! The gold price dropped by 15 dollars from its daily peak. A glimpse of ceasefire in the Middle East suddenly appeared. How to trade Gold?
#Gold Technical Analysis# 24K99 News On Monday (January 6), at the end of the Asian market, spot Gold suddenly saw a significant decline in the short term, with the current Gold price dropping to around $2632 per ounce, a decrease of $15 from the earlier daily high of $2647.43 per ounce. FXStreet Analyst Haresh Menghani wrote an article on Monday analyzing the technical trends of Gold prices.
Goldman Sachs has backed down! No longer predicting that gold prices will reach 3000 dollars this year.
Goldman Sachs predicts that gold prices will not reach $3,000 this year, delaying that prediction until mid-2026. Additionally, Goldman Sachs forecasts that the S&P 500 Index is expected to rise by 11% to 6,500 points by the end of this year.
Federal Reserve officials express concerns about inflation, and gold prices hover around $2,640.
Statements made by Federal Reserve officials over the weekend have reinforced the view that the Fed will adopt a more cautious approach to interest rate cuts this year.
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Gold has suddenly changed dramatically! Gold prices have dropped nearly 20 dollars. Two charts show the technical outlook for gold. How can investors take profits?
#Gold Technical Analysis# 24K99 News On Friday (January 3), spot gold suddenly fell sharply after briefly breaking through $2665 per ounce, closing below $2640 per ounce.
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Trump's trade promotes safe-haven bids, Emerging Markets currencies and Gold show divergence in trends.
With Donald Trump being re-elected as the president of the USA, investors are eager to act, while Gold and MMF, two types of Assets that typically move in tandem with the dollar, have been diverging.
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
Major technical signals for Gold! Gold prices have broken through all key resistance levels. How to Trade Gold with significant data approaching?
On Friday morning in the European market, spot Gold remained stable, with the current price around $2656 per ounce. FXStreet Senior Analyst Dhwani Mehta pointed out that Gold is buoyed by geopolitical challenges and a bullish Relative Strength Index (RSI) on the daily chart, and the price has now broken through all key resistance levels.
A major market movement is imminent! Be alert to today's significant event that could trigger intense volatility in the Euro, British Pound, Japanese Yen, and Gold trading analysis.
On Friday morning in the European market, the USD maintained a moderate downward trend, currently around 109.10; spot Gold is near 2655 dollars per ounce. This trading day, investors will pay attention to the USA ISM manufacturing PMI, which is the most important economic data from the USA this week and is expected to trigger significant market fluctuations.
Gold's Rally Tested By Overhead Resistance
The technical aspect of Gold has undergone a "dramatic change"! Renowned Institutions: Gold prices are expected to soar by about 40 dollars.
On Friday, in the Asian market's late trading, spot Gold maintained a strong trend after yesterday's surge, with the price currently around $2,660 per ounce. According to Economies.com, Gold prices have completed the formation of a Call technical pattern, which opens up room for further increases in prices, with the first target set at $2,700.00 per ounce.
Israeli airstrikes have resulted in at least 68 deaths! How will gold prices move after surging? Chief Analyst's analysis of the technical outlook for Gold.
On Friday during the Asian market, spot Gold continued its upward trend after a surge yesterday, and the price is currently around $2663 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold prices will likely reach an overbought state soon, but buyers are unlikely to give up. The price of Gold is still expected to retest historical highs.
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