Will gold be the winner regardless of who takes office in the White House?
One key similarity between the two candidates makes investors see gold as a foolproof bet.
Gold is surging, with analysts shouting out a target price of $3000. How should one follow up on investment at the moment? Experts remind to pay attention to channel risks.
1. UBS Group analysts predict that the gold price will reach $2800 per ounce by the end of the year, with hopes of hitting $3000 per ounce by the end of next year; 2. Investing in gold requires attention to channel risks, choosing channels for buying and selling with smooth and guaranteed transactions; 3. When buying gold, do not speculate on short-term fluctuations, do not treat buying gold as "gold speculation" or "stock speculation".
JPMorgan: If Trump wins, bitcoin and gold are expected to rise further
Retail investors are flocking into bitcoin and gold etf in large numbers before the election. Jpmorgan believes that in the event of Trump's victory, both may have greater upside potential.
Wall Street is in agreement: gold is expected to rise above $3000!
Bank of America believes that gold is the best hedging asset. Goldman Sachs points out that since the outbreak of the Russia-Ukraine conflict, global central banks' demand for gold has quadrupled. Morgan Stanley believes that the impact of gold ETFs, central banks, and individual investors' positions in the futures market on the price of gold continues to increase. Citigroup also points out that currently, the overall demand for gold investments, including public and private investments, remains at historically high levels, putting upward pressure on the price of gold.
Iran is preparing to launch a large-scale retaliatory strike against Israel "in the coming days"!
Israeli officials revealed that a large-scale retaliation by Iran may occur before the USA election day, and Iran's response will be unimaginable for Israel.
Be careful! Tonight's non-farm may be seriously "distorted", is the gold rally unlikely to end?
At 20:30 Peking time, the usa will release the October non-farm payroll report. The market expects that severe hurricanes and major labor strikes may lead to a significant decrease in new employment in October, making it the slowest month of employment growth in nearly four years, but the unemployment rate will remain stable.
Encountering the largest single-day drop since July! Has gold been caught in a "tug of war"?
Is the current pullback in gold prices normal, or does it indicate a deeper and longer consolidation?
Eldorado Gold Non-GAAP EPS of $0.35 Beats by $0.01, Revenue of $331.8M Misses by $5.04M
Eldorado Gold Q3 Adj $0.35 Beats $0.34 Estimate, Sales $331.76M Miss $360.38M Estimate
Centerra Gold Q3 2024 Adj. EPS $0.18 Misses $0.20 Estimate, Sales $323.900M Miss $324.200M Estimate
Looking Into Royal Gold's Recent Short Interest
Freeport McMoRan Probed by SEC Over Quake Risk at Indonesia Plant - Bloomberg
What happened? Gold 'frightened' and broke through the 2750 barrier!
The latest data has not confirmed that the anti-inflation struggle has ended, and some analysts are worried that the Federal Reserve will press the pause button after cutting interest rates by 25 basis points next week. Nevertheless, is gold just experiencing a technical adjustment?
Agnico Eagle Declares $0.40 Dividend
Newmont Seeks To Extend Largest Australian Mine Until 2050
"US Treasury bonds fall, gold is full"! What miraculous medicine does the gold, which keeps hitting new highs, have?
①As the spot gold price rose further to the $2790 level on Wednesday, it is now approaching the $2800 integer level; ②According to analyst Lina Thomas from goldman sachs, the inverse correlation between gold and the 10-year real interest rate is already clearly broken.
The most favored inflation data by the Federal Reserve is coming! Will gold aim to break through the key level of 2800 tonight?
Both the market and the Federal Reserve are in a "tricky position"! Be careful of tonight's data potentially overturning the number of interest rate cuts by the Fed this year...
Gold continues to hit new highs, should we be careful now?
Analysts say that despite gold recently hitting new highs, the upward trend may pause until a clearer correction occurs.
It's been soaring all the way! Spot gold continues to hit new historical highs, less than ten dollars away from the $2800 mark.
①Spot gold once rose above the $2790 level, reaching a high of $2790.01 per ounce, continuing to hit a new historical high; ②The CME's "FedWatch" tool shows that the market expects over a 96% chance of the Fed cutting interest rates by 25 basis points on November 7th.
Buenaventura Mining Co Q3 2024 GAAP EPS $0.93, Sales $331.100M Beat $263.025M Estimate