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3 weeks ago | Report Abuse
"The read-through for investors is straightforward: make sure you have gold in your portfolio, and overweight it. The downside risks are well contained (though a very near-term correction is not impossible and should be looked through), but the upside is tantalizing," Rosenberg concluded.
3 weeks ago | Report Abuse
Gold poised to hit $3,000 per ounce as upcoming Fed rate cuts occur, top economist David Rosenberg says.
That implies a potential 30% upside from current levels.
He says the current rally is impressive because it defies typical macroeconomic challenges like a strong dollar and falling inflation expectations.
3 weeks ago | Report Abuse
Buy any gold ctr to protect and to preserve our hard earn moni during this current troubled times throughout the world ? ๐ค๐ค๐ค
3 weeks ago | Report Abuse
Buy any gold ctr to protect our hard earn moni and to protect against war in M.E., falling fiat currencies and falling mkts ? ๐๐๐
3 weeks ago | Report Abuse
Gold ETFs offer the opportunity to invest in gold without the need to physically store the metal.
3 weeks ago | Report Abuse
Gold can protect you against inflation and be a safety net when the economy isnโt doing well.
3 weeks ago | Report Abuse
Financial experts often suggest keeping between 5% and 25% of your investments in gold and other precious metals.
3 weeks ago | Report Abuse
"Therefore, the government needs to formulate a comprehensive strategy so that gold stock reserves abroad and within the country can be increased by ensuring that the country's purchasing power is in a stable and strong state, especially the value of the Malaysian ringgit," he said.
3 weeks ago | Report Abuse
Gold has been supported by strong central bank purchases and safe-haven demand amid escalating Middle East tensions after Israel said it would retaliate to Iran's drone attack.
3 weeks ago | Report Abuse
Gold rate has risen by about 15% so far this year, with gains partially driven by safe-haven demand amid escalating geopolitical tensions in the Middle East and Ukraine.
3 weeks ago | Report Abuse
Looking ahead, sentiment remains bullish for gold as long as geopolitical tensions persist and escalate.
3 weeks ago | Report Abuse
Citigroup anticipates that the mean gold price will hover around $2,350 per ounce in 2024, followed by a significant 40% surge to $2,875 in 2025.
3 weeks ago | Report Abuse
The global price of gold could potentially reach $3,000 per ounce as additional funds pour into exchange-traded funds backed by the precious metal, according to analysts at Citi, as quoted by CNBCTV18.
3 weeks ago | Report Abuse
We all kena teruk with our Bursa dropping over 1000 ctrs in the RED !
3 weeks ago | Report Abuse
Investors in China are paying attention to gold and want to own the companies that own gold in the ground that can be monetized too.
3 weeks ago | Report Abuse
China Asset Management Co. said that the secondary market price of the โShanghai-Shenzhen-Hong Kong Gold Industry Stock Exchange-traded Open-ended Index Securities Investment Fund ETFโ traded significantly higher than NAVs with a premium as high as 30% before trading was halted.
3 weeks ago | Report Abuse
China raised its gold holdings for the 17th consecutive month at record prices, while India also added to its gold holdings
3 weeks ago | Report Abuse
Call from gold Target price for 2024
Citi $3,000
UBS $2,700
Goldman Sachs $2,500
3 weeks ago | Report Abuse
On Friday, Goldman Sachs referred to the gold market as an "unshakeable bull market" and revised upward its price target for the yellow metal from $2,300 per ounce to $2,700 by the end of the year.
3 weeks ago | Report Abuse
"We project $3,000/oz gold over the next 6-18m," said Citi's analysts led by Aakash Doshi, Citi's North America head of commodities research.
4 weeks ago | Report Abuse
Gold stks ... the new kid in town now ??? Just play the gold stks is enough lah. ๐๐๐
1 month ago | Report Abuse
Just buy some gold or gold related stocks now.
1 month ago | Report Abuse
Always keep some of our wealth in gold during times of political and economic uncertainties.
๐๐๐
1 month ago | Report Abuse
Gold Still Has Room To Climb, Market is Emotional.
1 month ago | Report Abuse
Gold is even used in the treatment of rheumatoid arthritis. Providing pain relief through the reduction of swelling and stiffness, patients typical get injections containing gold salts during 22 weeks.
1 month ago | Report Abuse
Due to its biocompatibility and resistance to corrosion, gold is sometimes used in medical implants, such as pacemakers and artificial joints.
1 month ago | Report Abuse
Gold nanoparticles can be added to glass to create a range of colors, from red to purple and blue. These types of glass are often used in luxury items, such as jewelry and watches.
1 month ago | Report Abuse
Gold ink can help achieve high quality and durable prints. This has extended into 3D printing, where gold has been used experimentally to produce unique items.
1 month ago | Report Abuse
Cellphones also contain a small amount of gold. With gold having a high resistance to corrosion, it's much more reliable than silver. However, it's more expensive.
1 month ago | Report Abuse
A natural conductor of electricity, televisions and computers contain small amounts of gold. Also, older items like cameras and radios tend to have gold within their circuit boards.
1 month ago | Report Abuse
In every single vehicle that NASA launches into space, gold is used in several ways. The metal is used in the circuitry, as well as to lubricate the mechanical parts. It's also used to coat the inside of the spacecraft, protecting the astronauts from infrared radiation and extreme temperatures.
1 month ago | Report Abuse
Gold is super flexible, and a single ounce of gold (about 28 grams) can be stretched into a gold thread that's 5 miles (8 km) long. Gold thread and embroidery have been used in textiles for centuries, especially in royal clothing.
1 month ago | Report Abuse
Gold is sometimes used as an anti-inflammatory, antioxidant, and anti-aging ingredient in cosmetics and beauty products. However, the amounts used are typically very small.
1 month ago | Report Abuse
Gold is also being incorporated into drinks, such as the popular cinnamon schnapps Goldschlรคger. Each bottle contains small fragments of gold foil that can be consumed.
1 month ago | Report Abuse
Although gold is a heavy, dense metal, it's generally considered nontoxic. Therefore, gold is sometimes used as a food additive, particularly in luxury restaurants.
1 month ago | Report Abuse
ome people have discovered that their hair contains small amounts of gold. This is likely due to exposure to the metal in the environment.
1 month ago | Report Abuse
For centuries, gold has been used for fillings, crowns, and other types of dental work.
1 month ago | Report Abuse
Some plant species are known to absorb trace amounts of gold from the soil. Scientists have even experimented using plants to extract gold from contaminated soil.
1 month ago | Report Abuse
While the concentration of gold in seawater is extremely low, there's an estimated 20 million tons of gold dissolved in the oceans.
1 month ago | Report Abuse
Gold is usually found in rivers and streams. This is because the flowing water washes away lighter materials and leaves behind the heavier materials, like gold.
1 month ago | Report Abuse
Pure elemental gold is 24 karats, while 18-karat gold is 75% pure gold, 14-karat gold is 58.5%, and 10-karat gold is 41.7%.
1 month ago | Report Abuse
Gold is relatively unreactive and resists degradation by air, moisture, or acidic conditions. While acids dissolve most metals, gold is dissolved using a special mixture of acids called aqua regia.
1 month ago | Report Abuse
Au is the element symbol for gold and comes from the Latin name aurum, which means "shining dawn" or "glow of sunrise."
1 month ago | Report Abuse
Nearly all the gold on Earth came from meteorites that bombarded the planet over 200 million years after it formed. The Earth's crust and mantle contain gold
Stock: [GOLDETF]: TRADEPLUS SHARIAH GOLD TRACKER
3 weeks ago | Report Abuse
Gold tends to maintain its value and even rise in price when inflation is problematic.