No Data
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.
Gold Plateaus After Rallying to Record Highs
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.