NFGC New Found Gold
- 2.750
- -0.010-0.36%
- 2.750
- 0.0000.00%
New Found Gold News
Goldman Sachs responds to 'counter-accusation' questioning: it is not absurd for gold to rise to $2700.
Goldman Sachs continues to maintain a bullish view on gold, but also warns that if the Federal Reserve cuts interest rates by 25 basis points this week, the price of gold may face a short-term pullback.
Express News | Goldman Sachs: If the Fed chooses to cut interest rates by 25 basis points this week, the gold price may face a slight pullback in the short term.
Silver is ready for a breakthrough surge! Goldman Sachs: 4 major heavy signals flash, traders may perform "chasing trade".
Goldman Sachs' derivatives sales and trading department stated in the latest weekly report that last week, traders showed a great interest in precious metal mining ETFs. The bank believes that silver is ready for a breakthrough surge and has proposed four major signals, including a more dovish stance from the Federal Reserve and silver being considered a catch-up trade because its positioning is lower than gold.
Gold price hits a new high, two major tests are coming.
The main reason for this record high is not only the expected interest rate cut by the Fed, but also the official announcement of interest rate cut by the European Central Bank.
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.
Express News | Bank of America: Gold is expected to rise to $3000.
Gold: Final Test Before Takeoff? [Video]
Gold Is Going Higher [Video]
Expectations of interest rate cuts becoming a "reassurance pill"! Safe-haven funds are flowing into bonds and gold.
Global investors sold stock funds for the second consecutive week in the week ending September 11th.
A new milestone is bound to be set! The gold bulls firmly believe that the price of gold will rise to $3000.
With the global major central banks easing monetary policy and intense competition in the US presidential election, the gold bulls are firmly bullish on the price of gold, which is expected to soar to a new record and is projected to reach the milestone of $3000 per ounce.
This year 2600, next year 3000! Banks are bullish on gold.
Goldman Sachs says gold has the greatest potential for price increase in the near future, and gold remains its preferred tool for hedging geopolitical and financial risks.
Fed to Be the Focus of the Gold Market Next Week – Commerzbank
Is the outlook for gold, silver, and copper optimistic?
The metal market this year has undoubtedly experienced significant volatility, especially in gold, silver, and copper.
Decision Analysis: TA's statement, another 50 basis points rate cut! The yen skyrocketed, and gold reached a new high again.
The dollar fell to its lowest level this year against the yen, while gold hit a historic high, as investors increased their bets on a significant rate cut by the Federal Reserve next week.
Metals Prices Expected to Be Steered by Fed Bets - Market Talk -- Market Talk
The price of gold soared to a new high! Gold stocks exploded collectively, surging by more than 19%. What happened overnight?
Gold and silver prices soared, spurred by the ECB's announcement of interest rate cuts and expectations that the Federal Reserve would cut interest rates. On Thursday evening, spot gold rose more than 2,560 US dollars/ounce during the intraday period, reaching a record high. Affected by this, US gold stocks strengthened across the board. Coldron Mining soared by more than 19%, and Hecla Mining surged nearly 9%.
Gold Marks Fresh Record High as Inflation Data 'Set the Stage' for Fed Rate Cut
Three bullish factors hit, gold hits another historical high!
Gold is booming, where is the next challenge?
Gold Futures End Lower
Today, this central bank is going to cut interest rates! Be cautious, the USA is likely to steal the limelight with initial jobless claims, and gold is highly likely to break through.
Global stock markets rose for a fourth consecutive day on Thursday, September 12th, benefiting from the global spread of the rebound driven by technology stocks. The prospect of another interest rate cut by the European Central Bank has brought short-term borrowing costs in the eurozone to their lowest level since the end of 2022, and the euro has fallen to a four-month low.
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