nomadic_m
10-31
Gold prices may reach $3,000 by year-end, driven by a weakening USD, inflation concerns, and central bank buying. However, interest rate hikes, strong economic growth, and cryptocurrency competition could hinder growth. Investor sentiment is bullish due to gold's safe-haven appeal and inflation protection, but volatility and opportunity costs remain concerns.

$Barrick Gold Corp(GOLD)$
$FUT:Gold - main 2412(GCmain)$
$SPDR Gold Shares(GLD)$

Gold Hits $2800! Have You Jumped In?
Gold hits $2800 yesterday. The precious metal has risen 34% YTD. ----------------- Will the price of gold reach $3,000 this year? Have you jumped in the asset? Are you bullish on gold as USD will decrease?
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Comments

  • 7asht7
    11-02
    7asht7

    Agreed, always buy a percentage of gold ETF due to world movements. Expect US election and Middle East tensions to further change gold prices at year end

  • Hans von Manstein
    11-08
    Hans von Manstein
    IMO,
    but strong DXY will prevent to go to 3K
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