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2024-04-04 22:06 | Report Abuse
Sentiment and herd mentality are crucial factors in the current rally, particularly during the spring season when optimism and exuberance tend to increase.
2024-04-04 22:05 | Report Abuse
Physical demand, such as Indian weddings and Chinese New Year, contributes to the underlying strength of the gold marketใ
2024-04-04 22:04 | Report Abuse
Gold stocks are undervalued compared to gold prices, presenting a significant opportunity for investors.
2024-04-04 22:04 | Report Abuse
Gold stocks are undervalued compared to gold prices, presenting a significant opportunity for investors.
2024-04-04 21:18 | Report Abuse
Goldโs on track to hit $2,400 this year, less dependent on Fed rate cuts โ Bank of America
2024-04-04 21:09 | Report Abuse
Gold, as a safe haven asset continued to benefit from escalations in Gaza war.
2024-04-04 21:08 | Report Abuse
In Europe, ECB minutes showed officials saw a stronger case for the begininng of their loosening cycle.
2024-04-04 17:09 | Report Abuse
Grossly undervalued. ๐๐๐
2024-04-04 09:48 | Report Abuse
Turkey's stk mkt is at all time high ? ๐๐๐
2024-04-04 09:38 | Report Abuse
Please hold on tight. Poh Kong is on an uptrend now !!! ๐๐๐
2024-04-03 12:27 | Report Abuse
President Joe Biden held a phone call with the Chinese leader Xi Jinping on Tuesday morning in the latest effort to drive down tensions between the world's two most powerful nations. ... highest global political tension in the world ? Buy some gold now to protect and preserve our wealth ?
2024-04-03 11:47 | Report Abuse
No food on the table, then what to do ?
2024-04-03 11:13 | Report Abuse
Gold is going up because of the fact that it was deeply oversold and under-owned.
2024-04-03 11:05 | Report Abuse
San Francisco Fed President Mary Daly said the Fed need to see how long to keep rates at current levels. She supports three rate cuts, but added that itโs a projection, not a promise.
2024-04-03 11:04 | Report Abuse
Cleveland Fed Loretta Mester said that she doesnโt have enough information for a May meeting cut, yet foresees three rate cuts in 2024. Mester added the Fedโs challenge would be balancing the risks between inflation and employment.
2024-04-03 11:00 | Report Abuse
A pair of Federal Reserve policymakers said it would be โreasonableโ to cut US interest rates three times this year, even as stronger recent economic data has sown investor doubts about that outcome.
2024-04-03 10:56 | Report Abuse
Gold prices have been hitting new highs, and the rally is far from over. Several factors contribute to this surge:
Interest Rate Expectations: Growing expectations of US interest rate cuts have driven investors toward gold as a safe-haven asset12.
Central Bank Buying: Central banks and Chinese investors have been buying gold in significant quantities, further boosting its price3.
Geopolitical Tensions: Investors view gold as a hedge against global conflicts, and the current geopolitical landscape has fueled demand4.
Federal Reserve Rate Cuts: Anticipated rate cuts by the Federal Reserve have also played a role in driving gold prices to record levels4.
In summary, a combination of economic factors, investor sentiment, and central bank actions has propelled gold to its all-time highs.
2024-04-02 21:07 | Report Abuse
A coordinated move of creating a collective new currency backed by gold by the BRICS Plus against the U.S. dollar could lead to dire financial results globally.
2024-04-02 21:00 | Report Abuse
Between the country's central bank and the Chinese public, China takes up over two-thirds of all the annual production. They are the new marginal buyer. That's where the gold price is set.
2024-04-02 20:58 | Report Abuse
The marginal buyer of gold is no longer the U.S. It's no longer Europe. It's China.
2024-04-02 20:58 | Report Abuse
The West has lost its power to set the price of gold
2024-04-02 20:55 | Report Abuse
The time to sell is when everyone is talking about gold and the gold miners are taking off.
2024-04-02 20:54 | Report Abuse
The gold mining sector, while off its lows is still significantly undervalued compared to gold prices.
2024-04-02 20:52 | Report Abuse
The gold rally has just only started.
2024-04-02 20:52 | Report Abuse
Gold smells a massive money-printing program coming at some point. In fact, low-grade money printing has already occurred.
2024-04-02 20:48 | Report Abuse
Gold is not expensive. The truth is that the U.S. dollar is cheap as the US government floods the global economy with it.
2024-04-02 20:47 | Report Abuse
The U.S. dollar is losing its grip on the gold market as U.S. government debt continues to spiral higher.
2024-04-02 20:46 | Report Abuse
If the Fed starts cutting rates, bond yields will fall, which makes gold a more attractive safe-haven.
2024-04-02 20:45 | Report Abuse
Gold is well supported as a geopolitical risk hedge.
2024-04-02 20:43 | Report Abuse
The gold market continues to be an unstoppable juggernaut as it closes out the month and quarter near a record high, solidly above $2,200 an ounce.
2024-04-02 20:39 | Report Abuse
FED's tightening cycle is over, and even if they donโt cut interest rates three times this year, gold should continue to benefit.
2024-04-02 20:38 | Report Abuse
Gold is definitely an important core piece of any properly balanced investment portfolio.
2024-04-02 20:36 | Report Abuse
Over time, gold can help to enhance the returns of a properly balanced portfolio. And whether gold is going up, down, or sideways, it will also help reduce the volatility of your portfolio.
2024-04-02 20:35 | Report Abuse
It's only a matter of time before investors embrace gold as a safe-haven asset as global economic uncertainty drives market volatility higher.
2024-04-02 20:32 | Report Abuse
It makes sense to hold up to 20% of your portfolio in gold.
2024-04-02 13:56 | Report Abuse
All retail mkt players are miskin !!! Bcos we all kena hammered by the mkt lah. ๐ฅ๐ฅ๐ฅ
2024-04-02 10:55 | Report Abuse
Paper money is created from nothing ! As such there is only NOTHING for us to trust ! ๐๐
2024-04-02 10:48 | Report Abuse
Gold held its own and increased in price, rising 21% in US dollars from December 2007 to February 2009 (global financial crisis) while equities, other risk assets, hedge funds, real estate, and most commodities tumbled in value.
2024-04-02 10:45 | Report Abuse
Gold is a great tool for diversification as its NEGATIVE correlation to equities and other risk assets increases as these assets sell-off.
2024-04-02 10:43 | Report Abuse
In crises, many investors turned to gold in order to hedge themselves against currency devaluation and preserve their purchasing power over time.
2024-04-02 10:42 | Report Abuse
Fiat money can be printed in UNLIMITED quantities to support monetary policy, as exemplified by the quantitative easing measures in the aftermath of the Global Financial Crisis (GFC) and the COVID-19 pandemic.
2024-04-02 10:41 | Report Abuse
Gold mine production has grown slowly over time โ increasing by approximately 1.7% per year over the past 20 years,
2024-04-02 10:39 | Report Abuse
Gold has clearly continued to outperform most major currencies in the more recent past.
2024-04-02 10:38 | Report Abuse
Since the gold standard was removed from backing the U.S. dollar, โgold has significantly outperformed all major currencies and commodities as a means of exchange.
Stock: [GOLDETF]: TRADEPLUS SHARIAH GOLD TRACKER
2024-04-05 09:06 | Report Abuse
The blistering rally of gold, whose price jumped 11.5 per cent year-to-date till April 3, may have further room to run in the medium term, according to OCBC foreign exchange strategist Christopher Wong.