Roy Park, MD FRCPC ICD.D’s Post

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.

Gold is a resource whose purchase and sale prices are constantly traded across multiple markets. As a result, its value is mostly determined by supply and demand, often known as the gold price or gold listing. Other factors, in addition to supply and demand, may influence gold prices. This is true, for example, of choices made by major central banks such as the Fed or the ECB, which may decide to raise interest rates, the price of the dollar, and other exogenous factors such as geopolitics, economic and monetary crises, and so on. The London Bullion Market Association, which has published the LBMA Gold Price since 1919, currently sets the gold price on a daily basis. #BuyGoldinUganda,#GoldTrends,#GoldPricing

Rising gold prices are a warning and should be taken seriously... Another all-time high - even though central bank comments voiced today make three rate cuts this year less likely. Smart money chooses the only proven alternative to fiat money currency systems: gold. As you can read in my newsletter "Understand and Beat Inflation" gold prices are an early indicator how smart money (ultra-high networth individuals, hedge funds) and insiders (i.e. central banks) assess the stability of the currency systems used in the developed world. In "The World of Tomorrow" I anticipate a Perfect Inflation Storm as the most likely base case (with a second inflation shock waiting around the corner). It seems that smart money and insiders increasingly share this view. #gold #inflation #theworldoftomorrow #thereturnofhighinflation

Gold is touching sky high valuations and breaking records on a day to day basis. It is defying the years long understood negative correlation between Fed Rate and Gold prices. I am sure all of you must have come across various factors driving this rally but if I were to simply state them in a few bullet points: - Gold's status as the reserve metal of the world Institutional Push: - Geopolitical tensions driving the incessant gold purchasing of Central Banks - Reducing Exposure to Dollar Retail Push (also true for Institutional): - Hedge against Inflation Why would it continue: Rising Geopolitical tensions prompting countries and investors to look for safe haven assets. Thus, institutional demand for gold, driven by Central Bank is not going to subside as they are not at all price sensitive (evident by the PBC, RBI, CBRT etc.). Add to that a little sprinkle of polarisation and the de-dollarisation efforts. Would love to hear from you guys on any point that I might have missed. Cheers! #gold #markets

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

📈 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

GOLD PRICES HAVE SURGED TO A RECORD HIGH ⭐️ 📈 Gold prices have surged to a record high of $2,465 per ounce, driven by growing expectations of Federal Reserve rate cuts and the potential return of Donald Trump to the presidency. ☔️ The recent weaker-than-expected US inflation data and geopolitical tensions have heightened gold’s appeal as a safe haven. 💲 The 20-month rally in gold reflects central banks' efforts to reduce dependence on the US dollar and increased demand from Chinese consumers. 🏆 With Glint, buying, saving, and using gold is now faster, more efficient, and easier than ever. #Gold #Investing #GlintPay #Economy #SafeHaven https://hubs.ly/Q02H6wp20

🌟 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

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

Gold recently touched a high of 2200 dollars an ounce post the US Fed meet before settling at 2166 dollars an ounce. Outlook for Gold remains positive. Central Banks continue to buy gold as part of their reserves. Invest in gold through a Gold ETF to benefit from the positive outlook on Gold. Gold returns in Indian rupees in the last 1 year has been in excess of 11%. It provides a good source of diversification in overall asset allocation..