According to Bloomberg analysts, the rise in gold prices to record levels may continue – while maintaining the factors that contributed to its growth by 20% since mid-February. Expectations of a Fed rate cut create a favorable environment for gold owners, as it reduces opportunity costs. At the same time, unresolved geopolitical conflicts continue to support demand for this precious metal, including purchases from global central banks. Experts also note a strengthening trend towards the accumulation of gold reserves, predicting the possibility of a small correction, which, however, will attract new buyers. Given that the gold market is relatively small and dynamic, it can react quickly to changes. Meanwhile, high real bond yields remain an obstacle to investments in precious metals, as they do not generate interest. But overall, there is optimism in the Comex gold futures market in New York: the number of long positions has grown to almost a four-year high in a week.
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
আমাদের সাথে যোগাযোগ করুন 
