American stock investors have suddenly started buying gold again. After largely ignoring most of gold’s monster upleg, they just started flocking back fueling big builds in major-gold-ETF holdings.
Even without the threat of tariffs, the growth rate of goods consumption was likely to rise and the growth rate of services was likely to fall; the tariff threat just accelerated the process.
Gold’s monster upleg remains alive and well, after weathering a sharp post-election selloff. One had certainly been due, as gold had just surged to extremely-overbought levels.
The global sell-off will result in huge demand for inverse or inverse-leveraged ETFs as these fetch outsized returns on bearish sentiments in a short span.
Goldman Sachs postpones gold price prediction to mid-2026, citing Fed decisions. Gold expected to reach $2,910/oz by end of 2025. Antimony mining project in Idaho could boost US demand and reduce vulnerability to China's market control.
The gold miners’ stocks are limping into 2025 seriously oversold, deeply undervalued, and really out of favor. While that doesn’t sound very bullish, this is a fantastic contrarian setup for a big revaluation year.
Amid gold's record-breaking 27% surge in 2024, Rolex SA increased prices on select luxury models, with precious metal timepieces rising by up to 8%. The yellow gold GMT-Master II now costs €44,600.
For decades, gold has been the go-to choice for safe investing. Whatever the condition of the economy, investors relied on the yellow metal as the ultimate store of value. This has not changed and people have always used it to store value, no matter the economy’s condition or the stability of the markets.
Gold truly enjoyed a remarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg, which proved extraordinarily-unusual.
The Federal Reserve somehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently the Fed’s projected rate-cut trajectory slowed even more than feared.
Gold has sure had a wild ride in the several weeks since the U.S. elections. It first plunged then surged after Trump’s decisive victory, which surprised legions of traders.
Gold regained its luster this week, driven by safe-haven demand amid an escalation in the conflict between Russia and Ukraine. The bullion is on track to post its best week in a year, rising 5% so far. Here is a look at ETFs that may benefit.
Additionally, geopolitical risks, particularly concerning Iran, could influence oil supply due to potential increased U.S. support for Israel and stricter sanctions enforcement.
