Goldman Sachs: Even with a strong dollar, Gold will still be strong, and central banks will buy more.

Goldman Sachs believes that the West looks at the Federal Reserve, expecting a rate cut of 125 basis points by the end of next year will boost Gold prices by 7%; the East looks at central banks, where a strong dollar will not stop central banks from purchasing Gold, with expectations that by the end of 2025, central bank purchases will increase Gold prices by 9%.

wallstreetcn56minutes ago

Stifel Maintains Orla Mining(ORLA.US) With Buy Rating, Maintains Target Price $6.88

Futu NewsDec 11 21:31 · Ratings

Orla Mining (OLA) Gets a Buy From Stifel Nicolaus

TipRanksDec 11 20:45 · Ratings

The gold price has once again broken through 2700 dollars during the session! Wall Street is bullish, and will the Gold ETF likely take off accordingly?

Recently, Morgan Stanley released the 2025 Commodity Outlook report, stating that Gold remains the "best choice" for hedging uncertainties, expecting the price to rise to $3000 per ounce next year, with an average of $2950 per ounce by the fourth quarter.

Futu NewsDec 11 17:01

NYSE American New 52-Week Highs And Lows

Dow JonesDec 11 00:21

Is the pullback or the right time to jump in? Gold prices have soared this year! Major banks predict it will hit the 3,000-dollar mark next year.

In the past two years, going long on Gold can be said to be one of the hottest Trade varieties in the market, with a cumulative increase of nearly 50% in spot Gold prices. This year, under the catalysis of a series of events, the spot Gold price even reached a historically high price of $2788.5 per ounce on October 30.

Futu NewsDec 10 20:18