Gold approaches $2800 at morning trading. 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?🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.Click titles to read the full analysis:1. @Gan Eden Capital: Dollars and goldKey Points:At a campaign rally earlier this month, President Trump promised that if he is elected, “We will keep the US dollar as the world’s reserve currency. It is currently under major siege. Many countries are leaving the dollar.

Key Insights$.SPX(.SPX)$ breaks five-month win streak, with $Gold - main 2412(GCmain)$ seemingly becoming the ultimate risk-off asset.Try to manage your trades like a pro, and join trader communities to get real-time tips.Unlock value in CashBoost Account.1. Market recapAs US market is dragged down by the overwhelming risk aversion sentiment, uncertainty increases.On October 31, the $.SPX(.SPX)$ slid 1.9% on Thursday, its worst daily loss since early September. The tech-heavy Nasdaq 100 fell 2.4%.Both the $.SPX(.SPX)$ and $.IXIC(.IXIC)$ recorded their largest single-day dec

As the 2024 U.S. presidential election approaches, gold, Bitcoin, and global markets are moving in ways that reveal market sentiment, fears of geopolitical conflict, and investor caution. Here, we explore these dynamics in light of past trends, current economic and geopolitical tensions, and the wisdom shared by prominent financial leaders. Gold Price Movements Around Trump's First Election In the six months leading up to Donald Trump's first election in November 2016, gold prices experienced significant volatility. From May 2016 to November 2016, gold prices rose from around $1,200 per ounce to approximately $1,300 per ounce, reflecting investor uncertainty and a flight to safe-haven assets. Following Trump's election, gold prices initially spiked but then declined as market confidence in

The allure of gold has captivated investors for centuries, and in recent years, the yellow metal has seen a resurgence in popularity. As of October 2024, gold prices have reached record highs, with spot prices surpassing $2,700 per ounce. Analysts predict that gold could continue its upward trajectory, potentially reaching $3,500 by 2025. As a safe-haven asset, gold has been sought after during times of economic uncertainty and market volatility. In Australia, two prominent gold exchange-traded funds (ETFs) have emerged: GOLD.AU ( $ETFS Physical Gold(GOLD.AU)$ ) and QAU.AU ( $BETASHARES GOLD BULLION ETF(QAU.AU)$ ). This article will delve into the recent trends in the price of gold, the key differenc

Have you ever heard elders say, "Buying gold is a way to secure your wealth"? While investing in stocks or real estate might seem more lucrative, many older individuals remain steadfast in their commitment to gold. Investing in Gold, Yes or No? After purchasing gold, it's common for these elders to store it away in bank safety deposit boxes, incurring annual management fees. At first glance, this may seem counterproductive. However, decades later, even if the gold remains the same physical piece, its value can grow significantly, allowing it to be exchanged for much more cash. This enduring appeal of gold is indeed captivating. In fact, this year, the biggest gains haven't come from stocks or bonds but from gold! The S&P 500 index rose by 23%, while long-term government bonds declined

$SPDR Gold Shares(GLD)$ $Barrick Gold Corp(GOLD)$ $Gold - main 2412(GCmain)$  🔺𝕭𝖀𝕷𝕷𝕴𝕾𝕳 🔺When (GLD) Moves 🔺📈🔺  Investors should Listen👂 Gold’s Potential Surge: Preparing for a Golden Opportunity 📈💰🎯$280 The Case for Gold’s Resilience Kia ora Tiger traders! Gold has long been considered a haven asset during times of economic volatility, but recent trends and technical analysis suggest that this might be more than just a safe bet, gold could be gearing up for a significant bull run into the end of the year. The chart analysis from SPDR Gold Shares ETF (GLD) illustrates a compelling case for a buy-and-hold strategy. With the current price at $238.62 and

Last week, overseas interest rate cut expectations were further revised, and the CPI in September was higher than expected. At the same time, several Fed officials stated that interest rate cuts may be lower than previous market expectations. The market's interest rate cut expectations have also improved. The momentum of short-term economic growth has also improved, and copper prices have stabilized and rebounded accordingly. However, we do not think that the data in the United States will continue to strengthen, and we need to consider the possibility that the interest rate cut expectations will rise again.CORE POINTS1. Expectations for interest rate cuts continue to be revised, and copper prices stabilize and reboundLast week, overseas interest rate cut expectations were further revised,

The Inflation Time Bomb: How Reduced immigrants May Spark Price Hikes.  $Gold - main 2412(GCmain)$  $Gold - Oct 2024(GC2410)$  $SPDR Gold Shares(GLD)$  This article is written by Shernice, if you like my article please hit the like button.  This year, gold prices have risen by an impressive 32%, outpacing even the average gains of tech stocks. For instance, the QQQ index has only increased by about 20%, while the S&P 500 has seen a rise of around 22%. This trend suggests that while U.S. equities are reaching new heights, there's also a significan

Since the beginning of this year, gold prices have been on a consistent upward trend, repeatedly hitting record highs. Gold prices surpassed $2,700 per ounce for the first time, outperforming the broader market index with a year-to-date increase of over 30%, while the S&P 500 has only gained 22%. The heightened tension surrounding the U.S. election and the escalating geopolitical unrest in the Middle East have fueled the demand for gold as a safe-haven asset. A loose monetary policy environment and central bank gold purchases have also contributed to gold's shine.The rise in gold prices is primarily driven by the following four factors:Increased Safe-Haven Demand Due to U.S. Election UncertaintyThe upcoming U.S. election, marked by the intense competition between Kamala Harris and Dona

Is Gold going to have an 'I love you 3000 moment'?  Gold prices have surged to $2,700 per ounce, a milestone that signals a significant shift in global financial markets. As investors flock to safe-haven assets amidst geopolitical instability, inflationary pressures, and economic uncertainty, many are asking the critical question: could gold hit $3,000 per ounce in the near future? Why Gold is Soaring Several key factors have contributed to the recent spike in gold prices: 1. Inflation Hedge: Inflationary concerns have plagued global markets, as central banks around the world continue to grapple with rising prices. Investors often turn to gold as a hedge against inflation because of its historical stability in preserving value. With inflation continuing to outpace interest rates, the

Gold’s recent surge to more than $2,700 per ounce has taken the market by storm, igniting conversations about whether the precious metal can touch the psychologically significant $3,000 level in 2024. I see this rally not only as a reflection of underlying macroeconomic factors but also as a strategic opportunity for those prepared to manage risks effectively. Let’s walk through how I’m positioning myself and what key factors could propel (or hinder) gold from reaching that milestone. From $2,100 to $2,700 in less than a year—gold’s nearly 30% surge reflects several converging forces. Here are the major drivers behind this rally: Geopolitical Risks: The ongoing geopolitical tensions, particularly between the U.S., Russia, and China, have heightened the demand for safe-haven assets. With th

$GLD 20241115 257.0 CALL$ $SPDR Gold Shares(GLD)$ $Gold - main 2412(GCmain)$🔺🅱️🆄🅻🅻🅸🆂🅷📈 I opened positions in this call.  🌟🌟🌟📈📈📈  Gold is expected to climb to new record highs in the next year, according to a survey of the bullion industry in Bloomberg. SPOT GOLD EXTENDS GAINS AFTER US NON-FARM PAYROLLS DATA, LAST UP 0.5% AT $2,758.60 PER OUNCE. US 10-YEAR TREASURY YIELDS DROP AFTER JOBS REPORT, LAST AT 4.255%. @Tiger_comments @TigerPicks @TigerObserver @Daily_Disc