Urfriend
2025-09-03

Let's go it's off to the races

NZD gold jumped $232 to $6,020.91 (+4.01%), breaking decisively out of its five-month consolidation to a new all-time high. USD gold climbed $138 to $3,530.06 (+4.07%), with the breakout suggesting more upside to come. $3800 will come but when is the real question, Strong upside potential with dips presenting good buying opportunities is my pick. Gold going good while everything else costs more might say more about the failure of the dollar more the value of gold. My thoughts mostly borrowed and I just tell you what I've heard

Gold Breaks $5,000!! Let's See $6000 or Already Peak Now?
Spot Gold surged past $5,000/oz for the first time, extending a powerful rally fueled by geopolitical shocks and a global sell-off in sovereign bonds and currencies. A softer dollar added momentum, with the Bloomberg Dollar Spot Index falling 1.6% last week, its biggest drop since May, boosting demand for precious metals. Gold has now more than doubled over two years and is up 16% YTD, as policies under Donald Trump intensify “devaluation trade” flows. Silver also hit record highs. Should we take profits now or hold for longer? Is fear trade becoming the main topic?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment