SystematicEdge’s Post

Gold is currently trading at a fresh record high above $2,520, driven by a combination of factors ¹. These include: *Geopolitical tensions*: Escalating conflicts in the Middle East have led to increased demand for safe-haven assets like gold. *Weaker US dollar*: The US dollar has been under pressure due to expectations of a rate cut by the Federal Reserve, making gold more attractive to investors. *Lower Treasury yields*: The benchmark 10-year US Treasury bond yield has stayed in negative territory, allowing gold to continue its upward trend. *Central bank demand*: Strong demand from central banks has provided additional support for gold prices. *Interest rate outlook*: Expectations of a rate cut by the Federal Reserve have increased the appeal of gold, which is sensitive to interest rate moves. These factors have contributed to gold's recent surge, with prices reaching new record high #goldtrading #markets4you #marketanalysis #technicalanalysis #TonyeGeorge #FeyiOyefesobi

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 continued to climb, reaching new record highs, as traders reacted to moderating US business activity and awaited key economic data that could influence the Federal Reserve's next steps. Spot gold rose to $2,627.34/oz, while US gold futures hit $2,653.70/oz. Gold has surged following a half-point interest rate cut by the Fed, with further rate reductions anticipated. Fed officials, signaled more cuts to support the economy. Robust central bank buying and haven demand amid global conflicts have also fueled gold’s 27% rally this year. Source : Bloomberg

Gold is currently trading at $2,511, with a support level of $2,496.40 and a resistance level of $2,510.00. The price of gold has been increasing due to a weaker US dollar, with investors awaiting the Federal Open Market Committee (FOMC) Minutes for further clues. *Key factors affecting gold prices:* - Weaker US dollar: The US dollar has been under pressure due to expectations of a rate cut by the Federal Reserve, making gold more attractive to investors . - Interest rate outlook: Expectations of a rate cut by the Federal Reserve have increased the appeal of gold, which is sensitive to interest rate moves. - Geopolitical tensions: Escalating conflicts in the Middle East have led to increased demand for safe-haven assets like gold. - Central bank demand: Strong demand from central banks has provided additional support for gold prices. *Technical analysis:* - Bullish 20 Simple Moving Average (SMA): The daily chart for XAU/USD shows the pair holds above all its moving averages, with a bullish 20 SMA accelerating north at around $2,440. - Technical indicators: Technical indicators lack directional strength but remain well above their midlines, limiting the chances of a downward movement. #forextradingisbusiness #forextrading #technicalanalysis #marketanalysis #markets4you #FeyiOyefesobi #TonyeGeorge #Bloomforteacademy #goldtrading

Gold Reaches All-Time High: Unraveling the Factors Behind the Surge 📈 In a noteworthy move, Gold has reached a record high, touching $2,141 per troy ounce, marking a significant 16% surge in the past year. This rise is emblematic of the impact of traditional monetary policy and a nuanced interplay of global factors. Recent economic data has fueled expectations of coordinated rate cuts by central banks globally, contributing to the notable uptick in gold prices. It underscores the metal's enduring appeal as a hedge against inflation. These central banks have strategically increased their gold holdings, emphasizing its role as a universal safe-haven asset during times of economic uncertainty. 📊 Approximately 70% of U.S. investors now anticipate the Federal Reserve initiating rate cuts in June. This aligns with the historical preference for gold during periods of economic slowdown and has contributed to the surge we are seeing now. As we approach another U.S. election uncertainty continues to be a factor and analysts suggest this uncertainty could sustain gold prices. How do you interpret the surge in gold prices, and what implications do you foresee for your investments? Join the conversation at Jika.io 💬 #GoldMarket #FederalReserve #JikaInsights

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

🚀 Gold Hits New Record High at $2,530! 🚀 In an unprecedented move, gold prices have soared to a record $2,530 per ounce. This surge is driven by optimism over potential rate cuts by the US Federal Reserve and ongoing geopolitical tensions. Key Highlights: Record Price: Gold reached $2,530 per ounce, with a single gold bar now valued at over $1 million1. Fed’s Influence: Markets are anticipating a rate cut in the upcoming September meeting, with expectations ranging from 25bps to 50bps2. Safe-Haven Demand: Geopolitical uncertainties, especially in the Middle East, are pushing investors towards gold as a secure asset. Stay tuned for more updates as we approach the Fed’s meeting and Jay Powell’s speech at Jackson Hole. 📈💰 #Gold #Finance #Investing #FederalReserve #Geopolitics #MarketTrends #ReedFinance #ReedRecruitment #LondonFinance #London https://lnkd.in/e2rZWRgi

The price of gold has been increasing steadily in recent months, largely driven by factors such as global economic uncertainty, central bank policies, and geopolitical tensions. Currently, gold prices are around $2,650 per ounce, reflecting strong investor demand for safe-haven assets as inflation persists and economic growth slows. This year, gold has been one of the top-performing assets, with a price increase of nearly 20%. Analysts project further growth, with prices potentially reaching $2,800–$3,000 per ounce in 2025. Key reasons for the increase include anticipated rate cuts by the U.S. Federal Reserve, continued geopolitical instability, and strong central bank demand for gold【18】【19】【20】. If you're considering investing in gold, it's essential to monitor market trends and economic indicators, as they directly influence prices. #snsinstitutions #snsdesignthinkers #designthinking

🌟 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

▶️ Gold Price Prediction Could Retest High of $2,530/oz ✨ On Thursday morning (September 12), spot gold was trading at around $2,517/oz. According to analysts, if gold holds above $2,510/oz, the next target could be a retest of the record high of $2,530/oz. ✨ Gold prices fell to near $2,500/oz after the US consumer price index (CPI) report showed higher-than-expected inflation. However, prices have recovered slightly. Key factors ahead include the European Central Bank (ECB) interest rate decision, which could cause volatility in financial markets.