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Shares of Precious Metals Stocks Are Trading Lower Amid a Drop in Gold Prices Following US Economic Data.
Gold plummeted during trading! World Gold Council: The rise in gold prices may slow down next year.
The World Gold Council points out that looking ahead, everyone's attention is focused on the impact of Trump's second term on the Global economy.
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.
ING: Next year, the CSI Commodity Equity Index will experience a "Put year," while Gold will still shine!
① ING expects that the Global situation will put pressure on the Energy and CSI Commodity Equity Index markets, but the outlook for Gold remains bright. ② The report points out that Trump's tariff plans may disrupt the oil, Metal, and Agriculture markets; ③ However, ING predicts that the average Gold price will rise to $2,760 per ounce by 2025, primarily influenced by central bank purchases of Gold and the appeal of Gold as a safe-haven asset.
ING Groep: Gold will shine in the CSI Commodity Equity Index bear market.
Analysts expect that many varieties of the CSI Commodity Equity Index will gradually decline in price next year, while the average price of Gold will rise from the current approximately $2,713 per ounce to $2,760.
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.