Prediction: Gold poised for record peak, spurring potential upsurge in prices.
Hey there! Gold's been chillin' since the US presidential election, but it ain't resting on its laurels. In Euros, it's already hit a new record high and might soon do the same in US dollars.
Is Another Gold Rally Imminent?
Julia Khandoshko, CEO of broker Mind Money, says it ain't over yet. She believes the price of gold could reach at least 3,000 US dollars by mid-year. Why? Well, she points to President Trump and his unpredictable ways, ain't no doubt about that. With rising national debt and planned tariffs stirring the pot, gold might be the safe bet.
There's more to it though. Central banks buying up gold like crazy and investors jumping on board thanks to high market valuations are also contributing to the gold rush.
Last Call for Gold Investments?
Nah, it ain't the last call yet, but there are plenty of reasons to believe gold prices could see a significant jump soon. So if you're a bull on gold, now might be the time to leap before you're left out in the cold.
But if you'd rather invest in exchange-traded products instead of physical gold, there's an article for that: The Hidden Path to Richness with Gold & Silver
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[1] https://www.investopedia.com/articles/investing/113115/why-gold-price-rising.asp[2] https://www. Kitco.com/news/2019-10-08/Bloomberg-Geopolitical-Risks-Trigger-Gold's-Run-to-Records.html[3] https://www. rottenapples.org/blog/goldman-sachs-sounds-the-alarm-gold-to-hit-4000-as-investors-flee-stocks[4] https://www.bloombergquint.com/onweb/news/world/2021-03-01/investing-in-gold-the-disputed-safe-haven-2022-market-strategy[5] https://www.kitco.com/news/2021-07-08/Spot-Gold-Closes-Lower-as-Investors-Digest-Fed-Chair-Speech.html
"Considering the predicted rise in gold prices due to factors such as President Trump's unpredictable policies, increasing national debt, and planned tariffs, and with central banks and investors showing a strong interest in gold, investigating opportunities in real-estate backed finance or other gold-related investments could prove fruitful."
"If you're intrigued by the potential of gold as an investment, but prefer exchange-traded products over physical gold, delve into our article titled 'The Hidden Path to Richness with Gold & Silver' for more insights."
