Gold has come to a sudden stop, long positions have drastically decreased, and analysts warn that the trend has diverged from the fundamentals.
Barclays strategist Stefano Pascale stated that the surge in Gold Call Options after Trump's tariffs, leading to an inverted skew indicator, coupled with a sharp reduction in hedge fund long positions and the recent pullback in Gold prices, are all reasons to adopt a cautious outlook on Gold prices in the short term. The movement of Gold has already "decoupled" from the "fundamental drivers" such as the US dollar and real interest rates.
The gold-silver ratio has rarely broken 100! Silver is expected to welcome a valuation repair window.
As of April 21, 2025, the price ratio of Gold to Silver (hereinafter referred to as the gold-silver ratio) has risen to 105.26, well above the historical average of 50 to 80. A gold-silver ratio over 100 signifies extreme pricing in light of stagflation risks and indicates that the window for Silver valuation recovery is gradually opening.
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Is a quick pullback in Gold a good opportunity to build a position? The fund manager bluntly stated: It is much more reliable than the US stock market!
①This week, gold prices in Shanghai fell after rising for seven consecutive weeks, with international gold prices dropping from a historic high of $3,509.9 per ounce to around $3,300; ②Some Fund managers suggest that investors take advantage of the pullback to gradually build up gold positions, emphasizing that gold has significant upside potential in the long term; ③It was pointed out that global financial market issues have already involved sovereignty, and the only way to resolve sovereign risk may be through physical gold.
How to understand the adjustment of Gold in this round?
Deutsche Bank stated that the recent decline in Gold is mainly due to the rebound of the dollar and the market's overinterpretation of tariff news. The tariff issues in the USA have not yet been resolved, and there remains significant uncertainty about the outlook, therefore the extent of the Gold pullback is limited.
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Gold - The Path to $4000
JPMorgan believes that the structural bull market for Gold will continue to strengthen. Gold prices are expected to reach an average of $3,675 in the fourth quarter of 2025, and to break the $4,000 mark in the second quarter of 2026. Strong demand from investors and central banks is anticipated to average 710 tons per quarter in 2025.
"Wall Street's Paulson: Central banks around the world will continue to buy Gold, which is "approaching a new valuation level."
Since the beginning of this year, Gold has increased by nearly 30%. Paulson stated that the central banks' large-scale Buy activities have accelerated the rise of Gold, believing that "the main driving force behind Gold demand is the central banks' attempt to gradually diversify from paper currency to Gold as a reserve currency, and this situation will not change."
JPMorgan has once again raised the Gold price! Trump's "dovish" remarks are unable to reverse the upward trend of Gold.
① Gold prices hit a record high this week, with JPMorgan predicting on Tuesday that gold prices will surpass $4,000 per ounce next year; ② Although USA President Trump has softened his stance on tariff policies, invisible fluctuations still exist in the market; ③ Analysts point out that the dollar has entered a prolonged period of decline, and the strong ongoing demand for gold from investors and central banks, combined with Trump's unpredictable style, are all supporting gold prices.
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Gold surges through 3500: is the sunset bell of dollar hegemony ringing?
① Since April 8, when the gold price was still below 3,000 USD, international gold prices have almost consistently crossed a threshold of 100 USD every other trading day. ② Given that during the same period, the USA stock, bond, and foreign exchange markets have been experiencing turbulence, more and more industry insiders cannot help but speculate whether there are deeper issues within the long-dominant USA dollar-led Global financial system.
Express News | Spot Gold Rises Above $3,450/Oz for the First Time, $Harmony Gold Mining(HMY.US)$ and $Newmont(NEM.US)$ Shares Up 1.7%. $Barrick Gold(GOLD.US)$ Rises 0.73%
Taipei Group's Su Gang: Insurance funds entering the gold market will enhance the pricing ability of Gold in RMB.
The eighth session of the 'Shanghai Lujiazui Finance & Trade Zone Development Salon' successfully took place in Shanghai Pudong Lujiazui, where Su Gang, Vice President of Taikang Group, delivered a wonderful speech.
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ZHAOJIN MINING: In Q1 2025, revenue increased significantly by 53.5%, while net income grew by 198% year-on-year.
ZHAOJIN MINING's performance in Q1 2025 is impressive: revenue increased by 53.5%, and Net income grew by 198% year-on-year. Key points and financial highlights: 2025...
Gold has opened at a new high again! Reflecting on the history of 45 years ago, can this round of bull market get "crazier"?
① Recently, many Precious Metals investors have become somewhat "numb" to the continuously rising Gold prices; ② However, if someone were to tell you that the pace of this Gold bull market's rise might not be "historical-level" enough, how would you feel?
The international gold price reaches 3,370 dollars, as the collapse of the US credit system reinforces the logic of the gold bull market.
① As the benchmark currency, the USD has enjoyed a long-term overestimation relative to its gold content. ② The buying points of Gold that are 'encountered but not sought' will be the norm.
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