Update: Gold Edges Off a Record High as Safe-Haven Demand Remains Strong

MT Newswires02:00

BofA Upgrades New Gold, Lifts Target by 50% on Growth Potential

InvestingMar 26 23:12 · Ratings

New York's Gold inventory has almost doubled compared to the beginning of the year, and the USA's trade deficit may be difficult to narrow.

① The USA's Commodity trade deficit may approach a historical record due to a surge in Gold imports; ② The New York Exchange's Gold inventory has reached a record of 42.6 million ounces, nearly twice that of the end of 2024; ③ Although Gold is not included in GDP, the expanding trade deficit has raised economic concerns, and the Atlanta Fed's model predicts a 1.8% contraction in GDP for the first quarter.

cls.cnMar 26 22:37

Gold and Silver continue to flood in! The USA trade deficit is nearing historical highs.

The New York Treasury continues to set astonishing records; who is hoarding gold like crazy?

Golden10 DataMar 26 20:13

Societe Generale continues to Hold Gold, expecting that under this situation, the price of Gold may rise to 4,000 dollars!

In the second quarter, Société Générale maintained a Gold Hold Positions of 7% of its investment portfolio, reduced its holdings in US dollars and US stocks, and increased its Shareholding in euros and yen.

Golden10 DataMar 26 17:07

Gold Dips As US Dollar Strengthens

Business TodayMar 26 14:44