No Data
Metal Markets on Edge as U.S. Election Takes Center Stage: BMI
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.
Commodity Roundup: UBS Remains Bullish on Gold, Oil Prices Extend Gains
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.