Gold Closes Above $2,700 for First Time as Geopolitical Tensions Simmer
Newmont Set for Seven Straight Sessions of Gains
Essentially ignoring traditional bearish signals! Is gold's unstoppable upward trend real?
The reaction of the gold market may indicate that investors are skeptical about this event...
Shares of Precious Metals Stocks Are Trading Higher Amid a Rise in the Price of Gold and Silver.
Is gold unstoppable? It may rise indefinitely in the short term!
Analysts generally believe that the upward trend of gold is very strong and does not appear to be peaking in the short term.
Spot gold breaks the $2700 mark for the first time in history! Is Trump the biggest bullish factor?
The gold rally continues, with the fear of the US election and the imminent tension in the Middle East boosting demand for safe-haven assets. The price of gold remains above $2700, with bulls continuing to dominate near historical highs!
Five reasons why the upward trend of gold has not ended yet!
"In a bull market, being a bystander is the worst place to be!"
Bank of America: Gold will be the "ultimate safe haven", expected to reach $3000 by the end of the year!
Analysts suggest that gold appears to be the last standing "safe haven", prompting traders, including central banks, to increase their holdings.
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".
Industry experts: Gold prices are expected to rise by about 10% within a year, once again reaching a historical new high.
①A recent survey shows that industry insiders expect that the price of gold is likely to rise by about 10% within a year, and set a new historical high next year; ②Gold is one of the best-performing csi commodity equity index in 2024, hitting new highs consecutively, mainly thanks to its safe-haven properties and the extensive purchases by various central banks.
Looking At Newmont's Recent Unusual Options Activity
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.
Gold industry 'supports' gold prices: there is still a 10% increase in the next year!
Although gold is expected to refresh historical highs, representatives of the gold industry do not think that the price of gold will break through the $3000 mark within a year.
Google Goes Nuclear For AI Power, Israeli Restraint Impacts Stocks, Gold, And Oil
Multiple central bank officials made rare statements: supporting an increase in gold reserves
Central bank officials from countries such as Mexico, Mongolia, and the Czech Republic have expressed their support for increasing gold reserves.
Analyst: Gold could touch $2800, buy the dip!
Analysts say that when the US dollar experiences one of its biggest reversals in years, the resilience of gold is remarkable.
Structural transformation has arrived! Is gold at $3,000 not impossible?
The analyst pointed out that although the price of gold has shown strong momentum over the past year, precious metals have just entered a new bull market cycle, and $3000 per ounce gold is not out of reach.
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.
Gold Rises as U.S. Economic Data Support Case for Rate Cuts