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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.
The reasons for the sudden surge in gold prices may be here! Two major news from the Russia-Ukraine conflict, and the latest trade analysis from well-known institutions.
On Monday, during the late session in Asia, spot gold maintained a significant rebound, with the price currently at 2,589 dollars per ounce, up over 26 dollars on the day. According to FXStreet analysis, the geopolitical tension between usa and Ukraine has surfaced after the usa authorized Ukraine to use usa long-range weapons to strike within Russian territory, which may be the reason for the recent rise in gold prices.
Goldman Says 'Go for Gold' as Central Banks Buy, US Fed Cuts in 2025
The most recent 13 US election windows have had the worst performance: Can gold still be bought?
① This month, usa's president-elect Trump won the election in a landslide, which immediately boosted the performance of markets from us stocks to bitcoin. ② However, among a series of pre-election highly praised Trump trades, gold has clearly become an exception...
Gold Rebounds After Deep Weekly Loss With Rate Outlook in Flux
Bank of America’s Hartnett: The investment market shifted before the inauguration in January, allocating to U.S. treasuries, Central and Eastern European stock markets, and gold.
Hartnett stated that as american financial conditions tighten, investors' expectations for usa growth and inflation increase, leading to a shift in the belief of substantial shareholding in american stocks. It is recommended that investors adjust their investment portfolios before Inauguration Day in January, focusing on chinese and european stock markets as well as gold; if the yield rises to 5%, buy US Treasury bonds.