Goldman Sachs is betting big on gold in 2025. Fed rate cuts, the need to hedge against inflation, and other geopolitical uncertainties should position the yellow metal positively.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold consolidated in the early Asian session amid mixed signals.
Sen. Cynthia Lummis, R-Wyo., proposes a Bitcoin strategic reserve on 'Making Money.
Gold climbed above the 50-Day MA to $2,674 but faces key resistance levels, with potential consolidation or bearish pullback if strength wanes.
The US will release its flash PMI figures on Friday, showing the level of business activity in the economy.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Goldman Sachs co-Head of Global Commodities Research Samantha Dart says central bank buying is driving up the price of gold. She sees gold prices hitting $3,000 an ounce by the end of 2025.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.