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Etf Managers Trust Purefunds Ise Jr Silver Small Miners Exp Newsroom
Shares of Precious Metals Stocks Are Trading Lower Amid a Drop in Gold Prices Following US Economic Data.
Shares of Silver Companies Are Trading Lower Amid a Drop in the Price of the Commodity.
Gold Set for Modest Growth in 2025, WGC Says, China Will Be Key
Heraeus: Silver is expected to reach 40 dollars next year, and its performance is likely to surpass Gold once again!
Analyst at Heraeus pointed out that the value of Silver relative to Gold is still at a historical low, and in the later stages of a bull market, Silver often performs better than Gold.
MetalsFocus: It is anticipated that gold prices will reach new historical highs in the coming months, which will also drive silver prices higher.
MetalsFocus released the Precious Metals monthly report for December 2024.
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%.
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.
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.
Gold Futures Jump on China Central Bank Buying, More Middle East Instability
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
Shares of Precious Metals Stocks Are Trading Higher Amid Strength in Gold and Silver Prices. Gold May Be Rising Amid Reports of Renewed China Central Bank Purchases as Well as Geopolitical Uncertainty Following Assad's Ouster in Syria.
Osisko Announces Renewal of Normal Course Issuer Bid For Up To 9,331,275 Of Its Common Shares
Commodity Roundup: China Resumes Gold Purchases; Markets Respond to Syria Developments
Gold Should Rise but Upside Capped by Potential for Higher Inflation, Analyst Says
Commodities Slip a Bit Into December, but Silver Outshines Gold
Commodity Roundup: Gold ETFs See Net Loss for First Time in Six Months; ING Ups Brent Forecast
Gold May Hit New Record Next Year as Fed Reduces Rates, Macquarie Says
Live On CNBC, Bill Baruch Announces Bought Coeur Mining
Seabridge Gold Files $750M Mixed Securities Shelf
The gold bulls are growing stronger, and another giant has raised the 2025 expectations!
In two scenarios, gold may 'quickly' challenge the $3000 mark. But be cautious as gold may face a large-scale liquidation in the near future.