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".
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.
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.
RBC Capital Reiterates Sector Perform on Wesdome Gold Mines, Maintains C$15 Price Target
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...
Gold continues to trade sideways, with both bulls and bears retreating.
Bulls see the gold rally weakening and choose to take profits, while bears fear geopolitical storms. Where will the gold price go?
Is the gold position already at an extreme? Analyst: See 2300!
Analysts at Daoming Securities pointed out, "Historically, when gold positions are as tense as they are today, it can lead to a 7% to 10% pullback."
Futu Morning Post | The situation in the Middle East has escalated! US oil and gas stocks rose; BlackRock raised Chinese stock ratings, Chinese assets fervent
China increases subsidies for electric vehicles, tesla is expected to achieve its first quarter sales growth this year; New carmaking forces show strong potential: Li Auto sets a new delivery record with 'Zhiling Xia', nio has delivered over 20,000 vehicles for 5 consecutive months.
Shares of Gold Companies Are Trading Higher Following a Spike in the Price of the Safe Haven Asset After Iran Launched a Missile Attack on Israel.
Outperforming gold! Is silver the biggest winner among csi commodity equity index at the end of September?
In September, silver has accumulated nearly a 10% increase, outperforming gold, and the price has climbed to a near twelve-year high. Analysis points out that due to supply shortages and the rebound in industrial demand, silver is expected to usher in a second wave of upward momentum. Recently, silver funds have seen a surge in long positions, and Goldman Sachs predicts that silver will start a "chasing trade".
Is it a "soft landing" or a "decline"? The Federal Reserve arrives at a three-way crossroads.
On September 19th, the Federal Reserve cut interest rates as scheduled, ending the tightening cycle since March 2022. However, the market performance that day was quite mixed, with various assets experiencing significant volatility. Although the Fed had long signaled the start of rate cuts before this interest rate meeting, the direct cut of 50 basis points far exceeded market expectations. Since the 1990s, such a significant initial decrease has only occurred 3 times, each time in a critical moment - the bursting of the internet bubble in 2001, the subprime crisis in 2007, and the COVID-19 pandemic in 2020. Therefore, the unexpectedly large rate cut has raised concerns in the market about whether the Fed sees something different.
The most shining moment in 12 years! Is the 'golden age' of silver about to begin?
① With the spot silver price hitting the highest level in nearly 12 years this week, the cumulative increase in the price of this precious metal this year has reached about 34%, even overshadowing gold, which has repeatedly set new historical highs; ② Multiple signs indicate that whether as a store of value or an industrial commodity, the demand for silver has been strong recently.
"Black Swan" fund founder issues another warning: Beware of gold and US stocks crashing together!
Spiessnagel expects the global market to experience a "collapse" by the end of this year.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with the multiple measures of China's monetary and fiscal stimulus policies, not only has it driven the A-share market to soar, but it has also helped some global csi commodity equity index, showing a rebound similar to a "dragon wagging its tail"... On Thursday, London copper steadily rose above the $10,000 integer mark, Singapore iron ore futures reclaimed the 100 mark, and spot silver prices reached a 12-year high!
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest consumer of gold, recently reduced gold import duties, and with traditional festivals and wedding seasons approaching in India; ②This will drive continuous strong gold purchases in India, and global gold demand is expected to remain robust in the coming months.
"Is the opportunity to "get on the bus" here? Gold and silver may pull back in the coming weeks.
The technical analyst mentions that there are signs of exhaustion in the upward trend of gold and silver, but the pullback is an opportunity to buy on dips.
Shares of Gold Companies Are Trading Higher After the Price of the Commodity Reached All-time Highs Following Last Week's Fed Rate Cut.
Gold prices surged through $2640, hitting a new high! UBS Group predicts: reaching 2700 next year is not a dream.
ubs group analyst wrote in a report released on Monday, "Although record high stock price may deter some investors, we believe there are several reasons to prove that gold still has room to rise."
UBS Group: Gold is expected to rise to $2700! Silver may perform even better.
UBS Group expects that the situation in the past few months has once again proven this point, that gold will continue to be the preferred safe haven for geopolitical and interest rate risks.