Gold: Buy On Dips

Posted on by http://wealthcreation.club
The gold industry remains largely isolated from the negative impact of global tariffs. In fact, many gold producers could benefit from foreign currency depreciations triggered by these tariffs, as a significant portion of their cost base is denominated in local currencies

Tariffs can create market uncertainty, which often drives investors towards safe-haven assets like gold, potentially increasing demand and prices

Over 600 tons of gold have been moved to New York’s vaults since December 2024, an unusually large amount for the city. The rush to move gold to the US has tightened supply in London

There’s increased demand for kilogram bars in the US, which are typically used in Asia, the Middle East, and India

JPMorgan has the highest gold price forecast for 2025. JPMorgan projects that gold will reach $3,000 per troy ounce by the end of 2025. This forecast is tied with Goldman Sachs, which also predicts gold to exceed $3,000 per troy ounce by the end of 2025

Website: alphabinwanicapital.com

#GoldIndustry #GlobalTariffs #CurrencyDepreciation #InvestmentOpportunities #EconomicResilience
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