7asht7
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- Great article, would you like to share it?💰Gold ETF GLD Soars Amid Recession Fears, Bullish for Medium to Long Term
💰Gold ETF GLD Soars Amid Recession Fears, Bullish for Medium to Long Term
@Tiger_Contra：1. Gold Assets Price Touchs ALL TIME HIGHOn April 10, the trading day, the price of the $SPDR Gold Shares(GLD)$ reached a new high.Since the beginning of 2025, gold has been the top-performing industry in terms of price increase.Data from Tiger Trade, Data as of April 10th 2025Top market value stocks includes: $Newmont Mining(NEM)$, $Agnico Eagle Mines(AEM)$, $Wheaton Precious Metals(WPM)$ , $Barrick Gold Corp(GOLD)$ , $Franco-Nevada(FNV)$ $Gold Fields(GFI)$ $Angl - $S&P 500(.SPX)$ short term bearish and medium term bullish. We might be surprised that recipocal tariffs may be reduced with new negotiations in the next few months. Afterall, the aim to stimulate the market has started
- 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 endGold 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. $Barrick Gold Corp(GOLD)$ $FUT:Gold - main 2412(GCmain)$ $SPDR Gold Shares(GLD)$@nomadic_m：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. $Barrick Gold Corp(GOLD)$ $FUT:Gold - main 2412(GCmain)$ $SPDR Gold Shares(GLD)$
