UBS Initiates Coverage On Wheaton Precious Metals With Buy Rating, Announces Price Target of $78
Wheaton Precious Metals Analyst Ratings
Shares of Precious Metals Stocks Are Trading Higher Amid a Rise in the Price of Gold and Silver, Which Are Rebounding After Falling Last Week.
Express News | Analysis: Gold has broken away from the downtrend following the USA election, with strong demand keeping its shine intact.
The significant news from Russia and Ukraine has stimulated a daily surge in gold prices by over 21 dollars. How to trade next? FXStreet senior analyst gold technical analysis.
In early European trading on Monday, spot gold maintained a strong intraday surge, with the current price near $2584 per ounce, up more than $21 intraday. FXStreet senior analyst Dhwani Mehta pointed out that gold rebounded strongly early Monday morning and approached the key level of $2600 per ounce. The risk of escalating geopolitical tensions between Russia and Ukraine is imminent, prompting buyers to return in large numbers.
Goldman Sachs directly suggests: buy gold! Next year, the price of gold will reach $3000.
①Goldman Sachs expects the target price of gold to reach $3000 per ounce by December 2025, due to increased central bank demand and the impact of interest rate cuts in the USA; ②Reports suggest that escalating trade tensions may revive speculative positions in gold; ③ Goldman Sachs has identified gold as the top choice for commodity trading in 2025, and indicates that the price of gold may continue to rise during Trump's term.