Denarius Metals’ Post

Precious metals remain a solid buy for investors While gold trades near a one-month high, the main action was silver, reaching an 11-year closing high last week, and platinum, which has broken higher after a year of sideways action. Both are supported by surging industrial metals, not least copper, which has been squeezed higher after hedge funds and physical traders got caught holding short positions in the COMEX futures market. “The combination of sticky inflation, note the so-called super core metric remains stuck near 5 per cent while the 6-month annualized core CPI is at 4 per cent, and economic data softness will likely continue to support precious metals demand,” Ole Hansen, Head of Commodities Strategy, Saxo Bank, said in the report.

"Ever wondered why gold prices rise? 🌟 Gold has long been regarded as a safe-haven asset, sought after during times of economic uncertainty or geopolitical tension. Recent fluctuations in global markets, coupled with inflation concerns, have fueled a surge in gold prices. As investors flock to the stability of gold, its value continues to climb. But what about its effects on the stock market? 📈 Historically, there's an inverse relationship between gold and stocks. When gold prices rise, stocks may experience a dip as investors shift their focus to this precious metal. Conversely, during periods of economic stability and bullish stock markets, gold prices may stagnate or decline. How do you plan to navigate these glittering opportunities? Will you diversify your portfolio with gold investments, or stay the course with stocks? 💼✨ #gold #InvestingStrategies #Investing

Gold Drops Over 1% as Investors Book Profits; Focus on US Data July 25th, 2024 Gold slid over 1% on Thursday, falling to its lowest level in two weeks, as investors squared positions to focus on U.S. economic data that could offer additional insights into the timing of the Federal Reserve's potential interest rate cuts. Spot gold fell 1.2% to $2,369.29 per ounce by 1302 GMT, having touched its lowest since July 10. U.S. gold futures dropped 1.9% to $2,368.80. "Much like the pivot we are witnessing in the stock market, market participants may be shifting from gold to other areas... while profit-taking may also be playing a role," analysts noted. All precious metals saw sharp declines, reflecting the broader market trend.

Last week, gold prices broke above $2,300 for the first time ever. Investor demand grows for gold when rates decrease. This may be an attractive opportunity short-term, but be cautious in your long-term strategy. Over the past 46 years, gold has had worse performance and similar volatility compared to U.S. equities. Precious metals are typically a more tactical long-term asset class. Be on the lookout next week for Q1 earnings!

Amidst ongoing geopolitical tensions in the Middle East, gold prices have soared, reaching near-record highs as investors flock to the metal as a safe-haven asset. Last Monday, spot gold peaked at an unprecedented $2,431.29, while U.S. gold futures hovered around $2,373.30 an ounce. The surge, which marks a 20% increase in just two months, is attributed to the metal's appeal during times of uncertainty. Analysts, including those from Goldman Sachs, are now revising their forecasts upward, anticipating that prices could reach as high as $2,700 per ounce by the end of the year. Click here to read more: https://lnkd.in/dFjXbf9q #gold #metalindustry #prices #forecast

📰✨ Exciting developments in the world of precious metals! Gold continues its impressive run, stabilising above $2,100 per ounce after a stellar week of gains. With the metal holding onto record closing levels and showing signs of potential further growth, traders are closely monitoring the market dynamics. 📈💰 Last week's surge in gold prices was fueled by a combination of factors, including encouraging economic data from the US and a weakening US dollar. 💵 As US inflation edges closer to the Federal Reserve's target of 2%, speculation mounts about a possible rate cut in June, prompting investors to flock to alternative assets like gold and silver. While uncertainty remains about the timing and extent of potential rate cuts, market sentiment is driving increased activity in gold trading. Resistance may pose a challenge along the way, but with the possibility of reaching $2,200 per ounce, traders are seizing opportunities to capitalise on the current momentum. 🚀💼 Stay tuned for more updates as the precious metals market continues to evolve! #Gold  #PreciousMetals  #TradingMarkets  #MeenaCapital 📊🔍 Source: Bullion by Post 🌐

Exciting insights on the current trends in the #gold market! JP Morgan analysts predict it will reach new heights by 2025, driven by a weaker U.S. dollar and anticipation of Federal Reserve interest rate cuts, amidst economic and geopolitical uncertainty. With prices expected to modestly retreat during the first half of the year, investors have an opportunity to get ahead of the “breakout rally expected in mid-2024.” If all goes according to plan, we could see gold reach US$2,300 by 2025. https://lnkd.in/dJmk3Uyx #goldmining #investmenttrends #miningbc #mininginvestment #capitalmarkets #goldinvestment

Welcome to Extreme Investor Network, where we provide the latest and most valuable information on all things finance. Today, we are diving into the record-breaking run of gold prices and the factors driving this surge. Gold prices have been on a steady climb, hitting new record highs as concerns of rising inflation push investors towards this precious metal as a safe haven. #Breaks #Concerns #Gold #inflation #record #Rising

Navigating Volatility: Gold's Role as a Safe Haven August 5th, 2024 In recent trading sessions, gold prices fell more than 2% as investors moved to liquidate positions amidst a widespread equities selloff. Despite this decline, gold's intrinsic value as a safe-haven asset endures, providing a buffer against growing recession fears. Spot gold was down 2% at $2,393.70 an ounce by 11:44 GMT on Monday, with U.S. gold futures losing 1.4% to settle at $2,434.10. This movement in gold prices is part of a larger trend where investors are retreating from riskier assets in favor of more secure options. While gold experienced a temporary dip, its long-term stability continues to appeal to investors seeking protection from economic uncertainty. Meanwhile, palladium reached its lowest level since 2018, and platinum fell by over 4%, reflecting broader market challenges. As we continue to monitor these developments, gold's resilience and reliability remain key considerations for investors navigating this complex landscape.

Spot gold is up amid a weaker dollar, signaling a dynamic gold market 📈. Exciting times are ahead for our stakeholders through our ongoing exploration strategy as the inherent value and stability of #Gold are about to shine bright. 👉Learn more at: https://lnkd.in/gPQwVRTX