HotCopper’s Post

The #ASX200 ended 0.42% higher to 7,815 today led by the interest rate-sensitive #Tech and #RealEstate sectors. All sectors ended the day higher.   Small caps had a strong day, with the ASX Small Ordinaries up 1.08%, as was the ASX All Ordinaries Gold index (+1.12%). #GoldStocks rallied after the #gold price reached a new record high of US$2,300 and the precious metal is now up by more than 4.3% over the past five days as investors look to protect themselves against stubbornly high inflation and the risk of escalating conflict in the Middle East.  The new high also followed comments from Federal Reserve chair Jerome Powell overnight that the latest inflation data did not “materially change” things. The comments also led to traders increasing their rate-cut expectations. More at #Proactive #ProactiveInvestors #ASXReport #ASX #FiveatFive http://ow.ly/yQal105opYw

📈 Gold Stocks Surge Amid Record Global Prices! 🌟🏆 Capital Brief reports a significant surge in gold stocks driven by record global prices. This upward trend reflects the metal's enduring value and its appeal as a safe-haven asset in uncertain economic times. 📊 Investors are flocking to gold, capitalizing on its historic highs and stability. This surge underscores the strategic importance of gold in diversified investment portfolios. Read more about this market development and its implications: :https://lnkd.in/ekbWX_4Y #GoldStocks #MarketTrends #GlobalEconomy #SafeHavenAsset #InvestmentStrategy #CapitalBrief #EconomicStability

While the price of gold has continued to rise, courtesy of unprecedented central bank buying globally, the ASX Gold Index has been trading around -13% lower than the 52-week high. 🗓️💰 A further pullback in equity markets is expected to continue pushing the gold price higher. However, Canaccord Genuity Group Inc. notes gold companies under the broker’s coverage are all trading below their respective 52-week highs at an average discount of around 20%. With ongoing buying by central banks over the next few years likely to put upward pressure on the gold price, up around 10% since mid-February, we've identified three ASX-listed gold explorers to keep an eye on. 👀 Trigg Minerals (ASX:TMG), Rincon Resources (ASX:RCR), Ora Gold Limited (ASX:OAU) #ASX #ASXNews #Investing #Gold #Au Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/gpbUuY_y

🌟#GoldRush in the ASX 200 Market!🌟 Gold prices are hitting the stratosphere, and it's pan out time for ASX 200 gold stocks. The precious metal is now trading at over US$2,387 an ounce – an all-time high that's igniting the market.💹 Standout performers like Northern Star Resources, Newmont Corp, and De Grey Mining, among others, are reflecting these bright market trends with significant gains, despite the ASX 200 facing a slight downturn. Why is gold soaring? Lower than expected US inflation suggests potential interest rate cuts; central banks are buying heavily, and geopolitical tensions make gold a safe bet.✨ Could this golden era spell a fruitful future for investors? With current economic indicators, the sheen of gold may lead to prosperity and stability for the foreseeable future.💰 Read more about this glittering potential at Bull Street: https://lnkd.in/gtEfiw4n #GoldInvestment #ASX200 #InvestmentTrends #MarketInsights #SafeHavenAsset #CommodityMarkets

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>

It's a modern-day gold rush! Commodities have had a strong start to the year, with the GSCI (Goldman Sachs Commodity Index) up 9% and driving what we believe is the second leg of a bull super cycle. Read more in this month's market commentary>>