Tracccy
04-11

Yessssss! $Gold - main 2406(GCmain)$ $Silver - main 2405(SImain)$

The recent surge in gold prices seems more driven by emotions and speculation rather than solid economic fundamentals. This disconnect suggests that the current price of gold may not accurately reflect its true value and could be due for a correction.

while gold is often considered a reservoir asset, its inert nature means it continues to accumulate without diminishing, unlike other commodities like crude oil or lithium. This accumulation, coupled with its limited intrinsic value, raises concerns about the sustainability of gold as a long-term investment.

Will Gold Set for New Highs or Continue to Pullback?
Gold hit a new all-time high to $2448 on 12th April and then retraced. Goldman Sachs says gold is in a bull market and gives a target price of $2700 by the year end. -------------------- Will Gold continue to hit new highs amid geopolitical conflicts?
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