Gold is getting closer to $3,000 and could soon test $3,100, according to Goldman Sachs. In fact, as noted by Reuters, the firm just “if policy uncertainty, including tariff concerns, remains high, Goldman sees the potential for gold to surge to $3,300 per ounce by year-end due to prolonged speculative positioning. The bank has also revised its central bank demand assumption upward to 50 tonnes per month from the previous estimate of 41 tonnes. If purchases average 70 tonnes per month, gold prices could climb to $3,200 per ounce by the end of 2025, assuming positioning normalizes,” Goldman Sachs added.
Read on for two Gold ETFs to consider right now...
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VanEck Vectors Gold Miners ETF (SYM: GDX) According to Jeff Brown, the tech legend who picked Nvidia in 2016, before shares exploded more than 20,000% higher… President Trump recently made a shocking AI announcement in the White House… That could trigger a second wave of the AI boom… And send ETF: seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index. The Index aims to track the performance of small-cap gold companies whose stocks are listed on regulated exchanges. Some of its top holdings include Lundin Gold Inc., Seabridge Gold, Equinox Gold, Victoria Gold, Westgold Resources, Osisko Mining, K92 Mining Inc., Novagold Resources, Regis Resources, New Gold Inc., Sabina Gold & Silver, Argonaut Gold, Centerra Gold, Coeur Mining, Skeena Resources, and K92 Mining to name a few. Mode Mobile Big Data gold rush: $PLTR passes $250B. $MODE prepares Found this helpful? Share it with others. Written by Ian Cooper Our Flagship Publication Discover Great Companies Trading at a DiscountJoin Behind the Markets |
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