Augmont | Gold For All’s Post

#Gold prices rose for the past two trading days, fuelled by mounting haven demands and #China's renewed gold purchases. Expectations for further rate cuts by major central banks have also contributed to the precious metal’s upside momentum. Euronews: Gold rallies ahead of Central Bank rate decisions and post-Syria tensions https://lnkd.in/gjwVPaZZ

What is the sharp and sustained rise in the gold price past US$2,500 telling us about the state of the global economy and finances, and why have central banks in Asia and elsewhere been adding to their gold reserves? Read the full article here 👇

Central banks with long-term goals to increase their gold allocation may also decide to wait for more attractive prices. Check out the latest supplement of Who's who in Private Banking: https://bt.sg/iGNwr

--- # Central Banks & Economic Trends: The Bullish Case for Gold and Silver As we dive deeper into 2024, investor concerns regarding market stability are increasingly shaped by central bank activities. At Extreme Investor Network, we believe it’s essential to stay ahead of these trends and understand the implications for precious metals like gold and silver. #China #Daily #dollar #driven #expectations #fluctuations #Forecast #Gold #Market #Silver #stimulus #Trends #XAG #XAU

How central banks will react to the current volatility in the gold market will definitely become a key harbinger of trends in the very near future. That being said, from a long-term perspective, one can certainly expect gold to not lose its lustre, especially in an ecosystem dominated by significant uncertainties. https://lnkd.in/dEUtZKYB #gold #future #economy

Gold in focus; a reminder of 70’s, and Chinese buying and central banks appearing as main drivers for gold demand in April…

Central Banks, Geopolitics, and Rate Cuts Fuel Historic Gold Rally The Russia-Ukraine conflict has fundamentally altered the traditional relationship between gold prices and interest rates. The freezing of Russia's central bank assets triggered a paradigm shift in how central banks view reserve assets, establishing gold as a "sanction-proof" safe haven. This structural change in central bank demand, combined with the prospect of lower interest rates, creates a uniquely supportive environment for gold that transcends its historical price drivers. The market is witnessing a rare convergence where both institutional and investor demand could simultaneously drive prices higher, potentially marking a new era in gold's role as a strategic asset. Goldman Sachs projects gold could reach $3,000 per ounce by the end of 2025. Want to take advantage of the move from $2600 --> $3000? CLICK THE LINK --> https://lnkd.in/gVcpfbe2 WATCH GOLDMAN'S VIDEO --> https://lnkd.in/gWggKNVs #investing #gold #economy

Ever wondered why gold is rallying? 🌍💰 Our latest article delves into the geopolitics of gold and considers why central banks around the world are consistently increasing their reserves. From Poland to Turkey, nations are turning to gold as a hedge against volatility and sanctions. 👉 Read the full article on our blog: https://lnkd.in/djUeB3gX   #Gold #Investing #Geopolitics #EconomicTrends   Service available to professional clients and varies per jurisdiction – Trading involves significant risk of loss.

Warren Buffett: "Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything." Apart from this, the narrative of central banks switching from US Treasuries to gold has been fuelling the recent gold price rally. However, gold’s record-breaking rally seems to have run out of steam, at least for now. Impacting both central banks and investors alike, what does the end of the gold rally mean? Our research team takes a closer look.

Gold has surged to record highs amidst geopolitical tensions and central bank rate cuts. With a $3,000 target on the horizon, investor demand and central bank diversification continue to propel gold's appeal as a safe-haven asset.