Goldman Sachs Forecasts Gold Surge to $4,250 as Recession Shield
Goldman Sachs’ co-head of global commodities research, Daan Struyven, recommends gold as an attractive hedge against recession risks. Despite recent volatility, Struyven maintains a bullish outlook on gold, forecasting prices could reach $4,250 per ounce during a recession. He suggests that gold can help mitigate against potential recession drivers, including…
Dollar Crashes to Six-Month Low | Gold to $3,200
Global markets are experiencing significant volatility as the trade war between the US and China intensifies. The US dollar has suffered its worst four-day decline in over two years, sinking 1.2% to a six-month low. In response to US actions, China has dramatically increased tariffs on American goods from 84%…
Citi’s Former Global Strat Head: Gold More Room To Run
Citi’s Former Global Strat Head: Gold More Room To Run “[Gold] is certainly a large position in my portfolio.” That was Matt King, former head of global strategy for Citibank, from last night’s deep dive into the global trade war. ZeroHedge hosted King and Alastair Pinder, head of emerging markets and global equities for HSBC, […]
Futures Flat, Gold Soars, Dollar Crashes After China Hikes US Tariffs To 125%
Futures Flat, Gold Soars, Dollar Crashes After China Hikes US Tariffs To 125% Things are moving so fast it’s becoming pointless to do static market wraps like this one, but may as well try even if it will be completely irrelevant the minute we publish this. US equity futures are slightly higher, having reversed steep […]
Gold Hits New Record Above $3,200 as US-China Trade War Intensifies
Gold prices experienced a significant rally on Friday, jumping 1.7% to $3,227.39 per ounce and briefly touching a record high of $3,237.56. This surge pushed bullion past the key psychological barrier of $3,200, bringing its weekly gains to over 6% and yearly gains to nearly 21%. The precious metal’s rise…
UBS Raises Gold Forecast Amid Global Uncertainty, Sees $3,500 in 2025
UBS has raised its gold price forecast, now predicting gold will reach $3,500 in 2025 with the rally continuing into 2026. Despite gold’s significant rally this year and bullish market sentiment, UBS tracking indicators suggest there’s still substantial potential for growth in gold investments. UBS anticipates demand coming from diverse…
Gold Prices Soar to Historic High: 3.23% Jump Marks Biggest Daily Gain Since 2020
Gold futures trading on the Comex exchange experienced a remarkable rally today, with the front-month April contract settling at an all-time high of $3,155.20 per troy ounce. This represents a substantial gain of $98.70 or 3.23% in a single session, marking the largest one-day percentage increase since April 9, 2020….
Schiff Warns “The World Is Getting Rid Of Dollars” As Gold Hits New Record High
Schiff Warns “The World Is Getting Rid Of Dollars” As Gold Hits New Record High Via SchiffGold.com, In a special video released yesterday, Peter discusses the ongoing fallout from President Trump’s tariff policy and the broader implications for the American economy. He outlines how the tariffs are not only ineffective but also counterproductive, worsening the trade […]
Gold Silver Ratio 100:1 – What It Means for Silver Investors
Something extraordinary just happened in the precious metals world: the gold silver ratio has reached the 100:1 mark. In simple terms, it now takes a whopping 100 ounces of silver to buy just a single ounce of gold.
Goldman Throws Cold Water On AI Hype, Moves Forward Datacenter Peak Forecast
Goldman Throws Cold Water On AI Hype, Moves Forward Datacenter Peak Forecast From the unveiling of China’s ultra-cheap DeepSeek rival to ChatGPT to Microsoft’s global pullback on AI data center projects and Alibaba Chairman Joe Tsai’s warning about an AI infrastructure investment bubble in the U.S., the warning signals are flashing red: The AI data […]