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Why has Gold surged, and why should Gold be included in investment allocation? A summary of Bridgewater's extensive report.
Previously, Bridgewater, which had been aggressively selling Gold ETFs, has now published a lengthy article analyzing the logic behind the surge in gold prices. What signals have they sensed?
Goldman Sachs: The gold price forecast has been raised to $3,300 by the end of this year and may reach $4,200 in extreme risk scenarios.
Despite the uncertainty, the bank estimates that large Asian central bank buyers may continue to rapidly purchase Gold over the next three to six years to reach the bank's estimated potential Gold reserve target range.
BofA Securities Maintains Royal Gold(RGLD.US) With Sell Rating, Raises Target Price to $139
Update: Gold Edges Off a Record High as Safe-Haven Demand Remains Strong
BofA Upgrades New Gold, Lifts Target by 50% on Growth Potential
New York's Gold inventory has almost doubled compared to the beginning of the year, and the USA's trade deficit may be difficult to narrow.
① The USA's Commodity trade deficit may approach a historical record due to a surge in Gold imports; ② The New York Exchange's Gold inventory has reached a record of 42.6 million ounces, nearly twice that of the end of 2024; ③ Although Gold is not included in GDP, the expanding trade deficit has raised economic concerns, and the Atlanta Fed's model predicts a 1.8% contraction in GDP for the first quarter.