Gold suddenly “changed its face”! How will the price of gold be traded next when the Israeli military operation spreads important news?
#中东局势 # #黄金技术分析 #24K99讯 On Tuesday (May 28), the gold market showed significant fluctuations. The price of gold rebounded sharply after approaching 2,340 US dollars/ounce for a while, to a high of close to 2,365 US dollars/ounce.
The gains in gold, silver, and copper have taken a break. How is the momentum going?
The upward trend in gold, silver, and copper is far from over. Gold bulls may challenge 2,600 dollars. When will silver actually catch up with gold? Copper may experience a period of consolidation before returning to gains.
While the US market was closed, the price of gold and silver rebounded strongly, and crude oil rebounded for two consecutive days
The peak travel season in the US and the OPEC+ policy meeting began, and two major catalysts for oil prices followed one after another. On Monday, oil prices rebounded at an accelerated pace, with an intraday increase of 1.3%. Meanwhile, the easing of inflation expectations, the possibility that the Federal Reserve will cut interest rates before the end of the year, and the central bank's continued strong demand for gold are all factors supporting the long-term bullish trend of gold. Wall Street is increasingly optimistic that the rise in gold and silver is not over. Gold prices rebounded this Monday, rising more than 1%.
Gold once broke the 2355 mark! Analyst Warns: Potential Selling Pressure!
In the US market on Monday, Beijing time, spot gold continued its gains in the European market due to the escalation of geopolitical tension and the weakening of the US dollar, breaking the 2,355 mark. Spot silver once surged 4%, rising more than $1 during the day.
Breaking the limit: the target price of gold will increase by another 10 times, boldly predicted by top investment experts
The price of gold will reach $27,533 per ounce — this is not speculation.
A quick look at the Hong Kong market | The three major indices rose sharply, and the tech index rose nearly 2%; semiconductor stocks and oil and gas stocks were popular; Huahong Semiconductor rose more than 11%, and CNOOC rose more than 4%
The trend of TechNet shares was divided. Bilibili rose nearly 6%, NetEase fell nearly 2%; gold stocks strengthened, Lingbao Gold rose nearly 6%, and Zhaojin Mining rose more than 5%.
Amid Soaring Gold, Silver Prices, Bank of America Is Bullish On These 4 Promising Metal ETFs For Good Investment Returns
In the wake of surging gold and silver prices, Bank of America has highlighted four exchange-traded funds (ETFs) that offer attractive exposure to precious metals.What Happened: The top-ranked ETFs by
Wall Street believes more and more in one thing: the rise of gold, silver, and copper is not over!
Bullish sentiment on commodities appears to be gradually heating up on Wall Street, and analysts believe that gold, silver, and copper are far from peaking.
Intraday Overview | The three major indices fluctuated, and Evergrande Auto resumed trading and rose more than 78%
The pharmaceutical outsourcing concept declined across the board. Pharmaceutical Biotech fell by more than 6%, Kanglong Chemical fell by more than 4%; China Mobile Games rose more than 23%, and its two new games will be launched soon; Lenovo Group has risen more than 7%, and the market share of Daimo AI PC will continue to rise.
Express News | Cathay Pacific Junan: Expectations of the Fed's interest rate cut are fluctuating; there is no change in the price of gold
Absolutely amazing! What actually happened when the gold price hit nearly $125 this week? How to trade gold next week
#黄金技术分析 #24K99讯 The gold market experienced a boom this week. The fluctuation range reached nearly $125, and ended this week's trading with a huge decline.
Gold broke down significantly in terms of technology after falling sharply this week! Analyst: The price of gold may drop by at least another sharp drop of about $30
#黄金技术分析 #24K99讯 On Friday (May 24), spot gold closed slightly to close at $2,33/oz, but the decline in gold prices reached $81 this week.
Gold “rebounds” against hawks! China's favorable signals hit the US two major economic data on standby FXStreet: bearish divergence becomes the focus
Gold rebounded against the hawkish camp in the short term, supported by favorable signals for China to buy precious metals. According to market analysis, the bullish stance on gold prices remained unchanged, and the bearish divergence became the focus.
Gold has become the new favorite of investors, and its status as a safe haven for US debt is being challenged due to debt risk concerns
According to Kristina Hooper, chief global market strategist at Invesco, the difference between these two assets shows that investors are increasingly concerned about soaring US government debt, so they prefer real assets.
Express News | CITIC Construction Investment: US inflation expectations have declined, and gold is cautiously rising
Scotiabank Maintains Sector Perform on Newmont, Raises Price Target to $48
Scotiabank analyst Tanya Jakusconek maintains Newmont (NYSE:NEM) with a Sector Perform and raises the price target from $46.5 to $48.
Newmont Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/23/2024 15.75% Scotiabank $46.5 → $48 Maintains Sector Perform 05/16/2024 8.51% Bernstein $46 → $45 Mai
Looking Into Newmont's Recent Short Interest
Newmont's (NYSE:NEM) short percent of float has fallen 7.14% since its last report. The company recently reported that it has 18.77 million shares sold short, which is 2.08% of all regular shares that
First time in 50 years! Gold returns surpass US debt
Analysts pointed out that the first choice for safe-haven assets has become gold rather than US Treasury bonds.
Express News | UBS: The gold forecast for the end of 2024 was raised to 2,600 US dollars per ounce (previously 2,500 US dollars per ounce), and the price per ounce is expected to be 2,700 US dollars by the end of June 2025.