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Gold Rises as Dollar Weakens Amid Calming Markets
Express News | Top 10 Trending Stocks On WallStreetBets As Of April 8, 2025 (Via Swaggy Stocks)
Breaking through 3,000 dollars is just the beginning: when the world no longer "works together", the Gold bull market has just begun.
The recent surge of Gold reaching historical highs has led market participants to point out that the nature of this round of increase and its sustainability are vastly different from 45 years ago.
Trump Tariffs Take a Bite Out of the Soaring Gold Price. Is This the End of Bullion's Record Rally?
The drop in gold prices offers an excellent buying opportunity! Goldman Sachs maintains its year-end target price expectation of $3,300.
① The global market sharply declined on Monday due to tariff risks, and gold prices also fell below $3,000, down 4.9% from this year's historical highs; ② Analysts at Goldman Sachs believe that the drop in gold prices presents a buying opportunity and maintain their forecast for gold prices to surpass $3,300 per ounce by the end of the year; ③ Goldman Sachs points out that macroeconomic risks, low investor Hold Positions, government reciprocal tariffs, demand from Emerging Markets central banks, and inflows into Gold ETFs will support gold prices.
Gold Drops Back Below $3,000 to Lowest in Nearly a Month, but Slump Seen as Short-lived
