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Gold Forecast and News. Gold clings to small gains near $2,750 after US data. Gold clings to marginal recovery gains and trades slightly above $2,750. The 10-year US Treasury bond yield...
Gold is forecast to climb higher than previously expected as central banks in emerging markets have ramped up purchases, according to Goldman Sachs Research. Gold usually trades closely in line with interest rates. As an asset that doesn’t offer any yield, it typically becomes less attractive to investors when interest rates are higher, and ...
12 Σεπ 2024 · The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. Goldman Sachs Research forecasts the price will reach $2,700 by early next year, buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks.
1 ημέρα πριν · In a note published Tuesday, the bank projected that gold will reach $3,000 an ounce by the end of 2025, implying an 8% increase from its current price. It offered three reasons for the forecast ...
21 Αυγ 2024 · Western investors have piled back into gold as they position for US interest rate cuts this year, helping to drive prices to record highs this week. Prices reached $2,531 per troy ounce in...
Gold. Add to myFT. October 30 2024. Investors’ ‘fear of missing out’ drives gold demand to record high. Buyers clamour for gold-backed ETFs as central banks scale back purchases of the precious...
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