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Novagold Resources Newsroom
Spot gold hits another all-time high, with the 'Trump trade' joining the ranks of price drivers.
①Spot gold has strengthened, hitting a high of $2688.82 per ounce, surpassing the previous record set on September 26th; ②Analysts believe that in addition to geopolitical tensions, the gold price is also influenced by the "Trump trade".
Israeli forces open fire on UN forces! FXStreet Chief Analyst: Gold prices expected to rise by about $25 again.
On Thursday in the Asian market, spot gold maintained a strong trend after a big rise yesterday, with the price currently near $2675 per ounce. Chief analyst Valeria Bednarik from FXStreet pointed out that the target for gold is to reach a new all-time high, challenging the $2700 per ounce level.
Refusing to callback, far exceeding the model's valuation, Deutsche Bank exclaimed: gold is truly amazingly strong!
Deutsche Bank stated that at certain times this year, gold has risen without financial fair value support. Currently, the Federal Reserve still has further room for loosening, which further strengthens the upward trend of gold. The price of gold is expected to continue to outperform financial fair value at the end of this year, with the largest magnitude since 1998.
Pointing to $2700? Gold approaches historical highs again as investors weigh the outcome of the USA election and the direction of USA Federal Reserve interest rates.
As investors shift their focus to the upcoming USA election, the price of gold is approaching a historical high. Polls predict that the competition in the USA election will be very intense in less than three weeks.
RBC Capital Maintains Novagold Resources(NG.US) With Hold Rating, Maintains Target Price $5
Novagold Resources New (NG) Gets a Hold From RBC Capital
Gold Price Benefits From Geopolitical Risks – Commerzbank
Both Israel and Iran have important news, gold prices dropped sharply to below $2640 in the short term! Well-known institutions analyze gold trades.
On Tuesday Asian afternoon, spot gold accelerated its short-term decline, with the price just dropping below $2640 per ounce. According to Economies.com, once the gold price falls below $2635.06 per ounce, the bullish scenario for gold will stop.
Gold Not Glittering for UK Investors Despite Price Surge
Central Bankers Make Rare Comments in Favor of Bigger Gold Stash
NovaGold Resources Inc. (TSE:NG) Has Caught the Attention of Institutional Investors Who Hold a Sizeable 49% Stake
Gold Returns to Familiar Range After Weak US Jobs Data
MetalsFocus: Can silver mine supply meet the growing industrial demand?
The key issue currently facing the silver market is whether silver ore supply can restore supply-demand balance.
Canaccord Sees Ongoing Gold Market Support; Releases Preferred Gold Exposures
Gold Ticks Up, US Inflation Data in Focus
Why Silver Could Be a Better Investment Than Gold Right Now
Silver Forecast to Outperform Amid Lower Interest Rates, Undersupplied Market, Says ANZ Research
Gold Slips as Expectations of Federal Reserve Rate Cut Fade
Gold: CTAs Are Max Long – TDS
The sixth consecutive trading day has seen a decline! Should gold bulls be cautious?
The hot gold trade seems to be entering a retracement phase, pay attention to this key turning point...