NFGC New Found Gold
- 3.490
- +0.050+1.45%
New Found Gold News
The technical side of gold sends an important signal! Bulls are preparing for a sharp rise in the market FXStreet chief analyst's analysis of the technical outlook for gold prices this week
Spot gold surged nearly $60 last week to close at around $2,360 per ounce. FXStreet chief analyst Valeria Bednarik pointed out that gold has turned bullish, and the price of gold may challenge the record high of 2431.40 US dollars/ounce.
The price of gold will “rise sharply”! Goldman Sachs releases major gold research report
Recently, the media discussed various reasons behind the sharp rise in gold prices. These reasons can first be traced back to the surge in Chinese purchases. As gold prices rose, this discussion also intensified, culminating with “China taking over control of gold prices from the West”, “China's gold buying frenzy caused ETF chaos” and “Chinese consumers surpassing India in the gold buying frenzy”.
The US Congress has proposed a key bill to completely end federal taxes on gold, silver, and gold bars!
The US Congress introduced a new bill aimed at eliminating all federal income taxes on gold, silver, and gold bars.
New Found Gold Corp Common Shares (NFGC.US): The 2024 Q1 financial report achieved revenue of $0, previous value of $0; earnings per share were -$0.05, previous value was -$0.08, and expected value was -$0.07.
New Found Gold Corp Common Shares (NFGC.US): The 2024 Q1 financial report achieved revenue of $0, previous value of $0; earnings per share were -$0.05, previous value was -$0.08, and expected value was -$0.07.
New Found Gold | 6-K: Report of foreign private issuer (related to financial reporting)
Express News | The Federal Reserve's hawk may be difficult to avoid a narrowing of the monthly increase in gold prices
One New Found Gold Insider Raised Their Stake In The Previous Year
Wall Street bosses are passionate about sharing: Potential reasons for the rise in gold!
Regarding the rise in gold, the founder of the US hedge fund Green Light Capital proposed a potential theory.
Express News | CICC: Gold has been overdrawn for a short time, but the interest rate cut transaction is not over
Gold prices have plummeted this week! What actually happened? The Federal Reserve's decision and the non-agricultural sector risk detonating the gold market next week
Spot gold closed down 2.3% this week, the biggest drop since December last year. FXStreet analyst Eren Sengezer notes that despite closing down this week, gold is still technically bullish. The Federal Reserve's monetary policy announcement and US employment data may affect next week's gold trend.
Silver Price Forecast: XAG/USD Remains Sideways Near $27.60 as Investors Reassess Fed Rate Cut Bets
Silver price consolidates around $27.60 as traders reprice Fed rate cut hopes.
Express News | China Gold: The risk of short-term fluctuations in gold has increased, but the medium- to long-term upward market may not be over
The US economic data has been overshadowed, and gold has once again made a brilliant debut. The world predicts that precious metals will generally rise 8% this year
The gold market's recent record high of $2,400 per ounce may represent the peak of prices; however, investors should not expect to see too much of a decline from current levels, as the World Bank expects precious metals prices to rise 8% this year.
Gold and AI are inextricably linked!
AI is also inseparable from gold, which is probably why some savvy investors are betting on gold and AI at the same time.
Buying money is a blink of an eye, selling gold is tearful
Buyers snapping up gold bars at Costco are now finding that it takes more time and money to sell them.
The key signal! Citigroup: 83% of fund managers “go long” on precious metals, gold futures and options, and long positions are showing signs of bullishness
Market analyst Mahaley said that Citibank analysis found that 83% of fund managers went long on precious metals, and long positions in gold futures and options rose.
Mysterious gold buyers love to take action at this point in time...
Market observers were baffled by the record rise in gold this year, as the price of gold continued to rise in the face of headwinds that should have been blocked. The reason for the fall in gold prices this week is probably due to China.
New Found Gold Is Maintained at Buy by Roth MKM
New Found Gold Is Maintained at Buy by Roth MKM
Roth MKM Maintains Buy on New Found Gold, Maintains $9 Price Target
Roth MKM analyst Mike Niehuser maintains New Found Gold with a Buy and maintains $9 price target.
New Found Gold Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 04/23/2024 143.24% Roth MKM $9 → $9 Maintains Buy 04/08/2024 143.24% Roth MKM $8.5 → $9 Maintains Buy 09/2
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