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Gold Rises to New Heights as Anxiety Grips Markets. Here's What You Need to Know
RBC Capital Maintains I-80 Gold(IAUX.US) With Buy Rating, Raises Target Price to $1.39
Gold Tops US$3,000 for First Time Over Trump Tariffs
The new bond king: Gold prices are expected to surge towards 4,000 dollars, and the possibility of a recession in the USA this year is as high as 60%.
Gundlach believes that the prediction of a $3,000 gold price is somewhat conservative. The current financial system seems to be in turmoil, and the global central banks' trend of increasing shareholding in gold will not change. He emphasized his bullish outlook on non-U.S. markets, especially European stock markets, forecasting that the 10-year U.S. Treasury yield still has room for further decline.
I-80 Gold Corp (IAU) Gets a Buy From RBC Capital
The surge in Gold is not over yet! Macquarie sets the highest target price on Wall Street: $3500.
1. Analysts from Macquarie Group expect that by the third quarter of this year, Gold prices could reach a record high of $3,500 per ounce; 2. Driven by geopolitical uncertainties and the risks of President Trump's tariff policies, the price of Gold has already risen by 12% this year.