๐๐๐Will Gold hit USD5000 in 2026? I believe it will. Major financial institutions like JPMorgan, Bank of America have officially forecasted Gold prices to reach the USD 5000 mark by the end of 2026. This is due to persistent central bank demand and expectations of US interest rate cuts.
The best method for trading Gold depends on your time horizon and risk tolerance.
As a small investor , my preferred method is physical gold backed ETFs as my time horizon is long term. My favourite Gold ETF is $iShares Gold Trust(IAU)$ as it has the lowest expense ratio of 0.25 % compared to $SPDR Gold Shares(GLD)$ expense ratio of 0.50%.
I am not into Gold Futures nor Leverage ETFs as the risks are higher. High risk = High rewards but it requires more capital and an in-depth market knowledge.
Slow and Steady is my mantra.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
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