Why gold hit an all-time high this year... and can it keep rising? As global markets navigate through periods of uncertainty, gold has ascended to unprecedented heights, nearly touching $2,400 an ounce and recording a 50% increase since the previous year. This surge is driven by central banks shifting their reserves away from U.S. dollars and a notable rise in demand from Chinese investors. With gold consistently viewed as a reliable safe haven, this trend raises important questions about its future trajectory amid fluctuating interest rates and shifting market conditions. Delve into an analysis of this year’s significant movements in gold prices and their implications for global investment strategies. https://linktr.ee/piefunds #GoldInvestment #MarketTrends #Investing2023 #FinancialAnalysis The Product Disclosure Statement, plus info on our duties and complaints process, is available at www.piefunds.co.nz.
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📈 Gold Nears Historic $2,500 Mark Amid Fed Rate-Cut Speculation Gold has surged to an unprecedented high of $2,509.65, fueled by growing expectations of a potential interest rate cut by the U.S. Federal Reserve in September. This remarkable rally, driven by heightened geopolitical tensions and robust demand from central banks, has propelled gold prices up by over 20% this year. At AFG, we closely monitor these market movements to provide our clients with the most informed investment strategies. As gold continues to shine as a safe-haven asset, it's more important than ever to navigate these shifts with expert guidance. 🔗 Get expert advice tailored to your needs: Email us at info@afg-wealth.com or visit www.afg-wealth.com #Gold #InvestmentStrategy #WealthManagement #MarketInsights #AtlasFinancialGroup #AFGWealth
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The price of #gold hit another record amidst continued geopolitical tensions and central bank buying. Know more: https://lnkd.in/gzdXfbbK #goldprice #goldexploration #goldmining #goldmarket
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What made the #gold market to run so hot? Isolating unidentifyed factors in the dynamics of #asset or #currency prices is a challenging endeavor. A practical approach often begins by comparing the price that a #fundamentalmodel suggests for an asset, such as gold, against its actual market price. The discrepancy between these two values can offer insights into what fundamental aspect might be overlooked. The chart below illustrates this approach. The left side displays the outcome of our fundamental model based on #inflation and real rates, which currently values gold at approximately USD 1,700 per ounce. On the right, the chart traces the evolution of this discrepancy since 2003, juxtaposed against the evolution of central bank gold #reserves, as an additional explanatory factor. A closer examination of the chart clearly identifies central bank gold reserves as a potential missing link in our assessment of fundamentals: - This correlation was particularly noticeable from 2003 to 2008, a period characterised by low gold purchases, and then from 2009 onwards when central banks significantly increased their gold acquisitions, averaging about 400 tons per year. - However, while this factor has been influential, it alone cannot account for the recent dynamics of gold prices. Read more of what Didier Rabattu and I think of this issue on Lombard Odier Investment Managers's webiste here: https://lnkd.in/ejyRY8ni #macro #investing
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Central banks hoarding gold more now than they ever have been. For investors looking for a store of value and a portfolio diversifier, gold has a strong track record of delivering those qualities. Gold provides returns and helps investors manage the risks that other financial assets bring, playing a key role in creating a more balanced and stable portfolio Gold can provide a form of haven when investors perceive significant geopolitical risks or threats to the financial and monetary system. Empirical evidence suggests that the price movements of gold have limited correlation with equities. As a result, gold can help mitigate the risks of an equity portfolio. Source: BofA #gold #portfoliomanagement
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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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Gold prices hit a record high following a 16-month rally which saw prices increase by over 30%. Gold has been supported by a number of factors: record buying by emerging market central banks, declining real interest rates and increasing expectations of interest rate cuts. Additionally, gold is a safe haven asset which some investors may use to hedge geopolitical risk. For more timely investment insights from our research teams, join the MercerInsight® community: https://bit.ly/3xi1VJG #gold #investing #markets
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Gold Market Movement Rally and Pullback Gold rallied early Wednesday but pulled back during the European session. Despite fluctuations, the market remains bullish, indicating a buy-on-dip strategy due to strong support near $2,400. Future Prospects Gold is expected to target $2,500, driven by geopolitical concerns and potential central bank rate cuts. Central banks are also purchasing gold, providing additional support for prices. Trading Strategy Consider buying on dips, leveraging the strong support levels and anticipating upward movement towards $2,500. 👉 For more updates https://rb.gy/hpb6vf #Gold #TradingStrategy #MarketUpdate #CentralBanks #GeopoliticalConcerns #GoldPrice #BuyOnDip #SupportLevels
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Gold has been on fire recently, attracting renewed interest from investors as major central banks around the world have begun cutting interest rates, driving bond yields lower. This has increased the appeal of gold, which, while it doesn’t generate income, is considered a reliable store of value. Its reputation as a safe haven has made gold particularly popular now, with concerns about a potential recession and rising geopolitical tensions keeping people on edge. These fears, combined with lower bond yields, have propelled gold’s price up by over 20% this year, reaching a record high of $2,522 per troy ounce on Tuesday. #vanquishinsights #GoldPrice #SafeHaven #Investing #PreciousMetals #EconomicTrends #Geopolitics #RecessionFears #CentralBanks #InterestRates #MarketTrends
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Gold prices hit a record high following a 16-month rally which saw prices increase by over 30%. Gold has been supported by a number of factors: record buying by emerging market central banks, declining real interest rates and increasing expectations of interest rate cuts. Additionally, gold is a safe haven asset which some investors may use to hedge geopolitical risk. For more timely investment insights from our research teams, join the MercerInsight® community: https://bit.ly/3vgZOFe #gold #investing #markets
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Gold prices hit a record high following a 16-month rally which saw prices increase by over 30%. Gold has been supported by a number of factors: record buying by emerging market central banks, declining real interest rates and increasing expectations of interest rate cuts. Additionally, gold is a safe haven asset which some investors may use to hedge geopolitical risk. For more timely investment insights from our research teams, join the MercerInsight® community: https://bit.ly/3VqwGWC #gold #investing #markets
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