Gold Price Rises above $2,100 towards All-Time Highs The gold price has performed well despite high interest rates and a strong dollar which was largely due to the world’s central banks buying an enormous amount of gold and countries de-dollarising on their portfolios. Gold now has upside on the expectation that the Fed will start cutting interest rates this year as inflation comes down. When rates fall, gold prices typically rise as investors seek a safe haven as assets such as bonds become less attractive because they no longer deliver attractive yields. Have you taken advantage of the immense potential of the yellow metal’s returns in 2024? Get a free consultation with us today to add gold to your portfolio! Read the full article here: https://lnkd.in/erricrCg +852 2104 9233 (Hong Kong) +65 6980 2968 (Singapore) +63 966 957 5118 (Philippines) #Gold #preciousmetals #goldindustry #investment #recordhighs #prediction #analysis
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As reported by this Bloomberg article, gold is 18% higher for the year, boosted by anticipation of the Federal Reserve loosening interest rates. Central banks have also been buying gold, and geopolitical tensions have supported the precious metal, which is often seen as a safe-haven asset. If the investment environment right now has you concerned or you don’t know what to invest in, consider buying gold for even in the short term. #gold #investment #investments #bloomberg #interestrates #buyinggold #investing
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Gold touched an all-time high this week after investors assimilated beliefs that central banks will start bringing down interest rates later this year, so long as inflation stays at bay. The April contract price for Gold tipped over $2,100 per ounce for the first time ever. Given lower interest rates often suggest that the economy needs a helping hand, investors flock toward safe-haven assets that retain value during periods of volatility. In the analysis below, I look through the spectacles of a precious metal trader and plot the gold-to-silver ratio over the last 30 years. This ratio is one of many indicators used to determine the right time to buy/sell precious metals and effectively shows the amount of silver it takes to purchase one ounce of gold. A high ratio suggests that the consensus favours silver, while a low ratio favours gold. In the chart, the horizontal dashed line represents the 30-year mean of 67.3, while the latest ratio has incrementally crept up to 90.1. However, given the wild oscillations of the ratio, it is not always easy to interpret the ratio and make a profit. Nevertheless, the ratio does serve as an impetus for diversifying holdings. #macrobond
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Gold has hit an all time today. Despite the narrative in the financial media, this is not a result of nominal rates, but is being driven by anticipation of falling “real rates” which leads to central bank accumulation , retail purchasing in Asia, and now a recent uptick in retail/institutional accumulation in the west via ETF inflows. “The metal has still soared nearly 20 per cent this year, supported by large purchases from central banks, strong consumer appetite in China and demand for haven assets amid geopolitical tensions. A recent uptick in holdings by exchange-traded funds is also aiding upward momentum.” #gold #inflation
Gold Jumps to Record as Traders Ramp up Bets on Fed Rate Pivot
bloomberg.com
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Gold held steady around $2,690/oz on December 11th, 2024, pausing a two-day rally. Investors are eyeing inflation data, critical for the Fed's next rate decision. Expectations of loose monetary policies from central banks and escalating Middle East tensions continue to boost safe-haven demand. Meanwhile, China plans a looser monetary policy in 2025, and the PBoC resumed gold purchases after a six-month pause.
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🌟 Why Gold Prices Are Forecast to Keep Rising Into 2025 🌟 2025 may be the Year of the Snake 🐍, but for gold, it's looking like another bull year! 📈✨ On September 23rd, gold hit a historic high of USD 2,630 per ounce, gaining a stunning 27% since the start of 2024. This could be its best performance in over 14 years! 💰 With global dynamics shifting, gold's rally is set to continue, driven by key macroeconomic trends, central bank policies, and geopolitical factors. Are you ready to invest in gold? 💛 Learn more here: https://lnkd.in/e4dAUaWq #GoldPrices #GoldInvestment #BullMarket #GoldJewelry #WealthTrends
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As the Federal Reserve prepares for a rate cut this week, many are questioning its impact on gold prices. Currently, gold is trading at an impressive $2,749.92 per ounce, having risen significantly throughout 2024. Historically, lower interest rates tend to support higher gold prices by reducing the opportunity cost of holding non-yielding assets. While some investors hope for a temporary dip in prices post-rate cut, analysts suggest that demand from central banks and ongoing global economic concerns may continue to drive prices upward. Predictions even suggest gold could reach $3,000 per ounce by year-end! For those considering gold as part of their investment strategy, now may be an opportune time to diversify portfolios. Check out the full article for more insights! Read here: https://shorturl.at/7O1wU +852 2104 9233 (Hong Kong) +65 6980 2968 (Singapore) +63 966 957 5118 (Philippines) #PreciousMetals #SilverInvesting #MarketAnalysis #InvestingNews #Gold #GoldPrice #GlobalMarkets #Silver #JRotbartCo #MarketTrends #EconomicForecast #FinancialPlanning
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Gold prices have been hitting record highs lately, leading some investors to worry about potential inflation. However, according to Joseph Kalish, chief global macro strategist at Ned Davis Research, this may not be the case. In a recent note, he stated that a weaker U.S. dollar, buying by emerging market central banks, and increased geopolitical uncertainty are the factors behind gold's rally. While the price of gold may be a concern for some, it's important to understand the underlying reasons behind this trend. Read more about it here: https://lnkd.in/gxzmDrtT
Record gold price flashes warning for Fed’s rate-cut hopes
marketwatch.com
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Gold Hits Successive Record Highs Ahead of Expected Fed Rate Cut ECB’s outlook and Fed’s long-awaited pivot are aiding bullion - Metal is viewed as a hedge in case of US economic fragility Gold rose to a record high, building on a surge of nearly 2% on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. - Bullion climbed as much as 0.6% to $2,572.98 an ounce on Friday, putting it on track for a weekly gain of around 3%. The precious metal made a new high in the previous session after the euro rose against the greenback, as investors pared bets that the European Central Bank, which lowered rates on Thursday, would cut again next month. - Gold has surged by 25% this year. https://lnkd.in/gng-SAYq
Gold Hits Successive Record Highs Ahead of Expected Fed Rate Cut
bloomberg.com
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The Gold Market outlook for ending May 2024 reflected a dynamic period characterised by fluctuating prices influenced by global economic conditions. Despite these fluctuations, gold maintained its status as a safe-haven asset, with demand from central banks and retail investors remaining robust. The market also saw increased interest in gold-backed financial products, highlighting the metal's enduring appeal in uncertain times. As global economic uncertainties persist, the outlook for gold continues to be cautiously optimistic. Read more https://bit.ly/3VDaZlT #Gold #MarketOutlook #QuantumMutualFund
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🔸Analysis of XAU/USD: Gold Price Sets Historical Record🔸 As the XAU/USD chart shows, on 16th July, the gold price rose above $2460 for the first time in history. The bullish sentiment is driven by: → Anticipation of Fed rate cuts, as the appeal of non-yielding bullion generally increases in low-interest-rate environments. → Geopolitical tensions, with an attempt on Trump's life possibly boosting demand for the "safe-haven asset." → Demand from central banks. Reuters reports that analysts at Commonwealth Bank of Australia believe the gold price could exceed their forecast of $2500 per ounce by the end of 2024. "It is worth highlighting gold's ability to find support under any conditions this year," they say. Can the gold price rise further? 🔗 Read the full article: https://cutt.ly/MejyD957 CFDs are complex instruments and come with a high risk of losing your money. #xau #XAUUSD #goldprice #goldtrading #commodities
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