How can we account for the increase in the price of gold? Bank of France Posted on 09/13/202409/13/2024 by
The price of gold has soared to new heights this year and is positioned to climb into early 2025, rising to new record highs, according to Goldman Sachs Research. Posted on 09/13/2024 by
J.P. Morgan Global Research: Gold prices continue to hit all-time highs, driven by a multitude of factors including heightened geopolitical risks, expectations the Fed will begin lowering rates and central bank buying. Posted on 08/15/202408/15/2024 by
Addressing the question of why advisors are investing in gold, 48% said the asset is a proven diversification tool during periods of economic uncertainty, while 36% pointed to its proven role as a long-term store of value. Finally, 35% of managers said that it was because their clients expressed a desire to invest in gold. Posted on 06/28/2024 by
The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, said the World Gold Council. Posted on 06/10/2024 by
” Goldman Sachs predicts that the precious metal will climb another 14% to $2,700/oz by the end of 2024.” Posted on 05/31/2024 by
Gold’s appeal to younger generations: Millennials are allocating 17% of their portfolio to gold while baby boomers are at 10% according to State Street. Posted on 05/17/202405/17/2024 by
International Central banks are favoring gold over the U.S Dollar as being a politically neutral, safe asset, insulated from sanctions. Posted on 05/15/202405/15/2024 by