Gold News
Top Stories
It was another incredible week for the gold market as the price set another record high on the way to its eighth consecutive weekly gain. With this kind of momentum, analysts think it’s only a matter of time before prices reach $3,000.
The question is, what happens after that? $3,000 has become an extremely important psychological level, which means it could take some time to work through the resistance level as traders take profits at these highs.
22 February ’25 Kitco
This comes as no surprise, considering the current macroeconomic backdrop is fuelling a perfect storm for Gold – firmly positioning the yellow metal as the world’s Number One “Must Trade” of 2025. At the beginning of the year, analysts at GSC Commodity Intelligence dubbed 2025 “The Year of Gold” – And now we’re starting to see why!
18 February ’25 FX Empire
Gold is breaking out again, forging higher into new record territory! Gold’s monster upleg over this past year or so has proven remarkable, overcoming plenty of serious challenges. Yet most investors remain oblivious, hypnotized by the AI stock bubble. So gold has been widely-overlooked, with American stock investors’ allocations remaining near zero. Gold and especially its miners’ stocks still have great upside potential.
Generation-X investors probably remember the late comedian Rodney Dangerfield, whose catchphrase “I get no respect!” become famous in the 1980s. Gold reminds me of him, as it has long got no respect. Last year gold powered 27.2% higher, handily besting the benchmark S&P 500 stock index’s big 23.3% gains! And during that mighty 2024 run, gold achieved no fewer than 41 new nominal record closes!
31 January ’25 Mining.com
Other Stories
- Surging gold prices fuel investment demand amid economic uncertainty
- Do You Have News to Share? Get It Published.
- 1-gram vs. 1-ounce gold bars: Which is a better investment this April?
- Gold Coin is a good investment alternative but we’ll look at its rollout again – Governor Asiama
- “An investment-grade, pro-quality guitar”: Taylor Gold Label 814e SB review" target="_self" data-before-rewrite-localise="/gear/acoustic-electric-guitars/taylor-gold-label-814e-review
- Top Gold ETF vs Nifty 50 vs Top ETF: Which has given highest return on Rs 1,00,000 one-time investment in 1 year? Difference may surprise you
- Safe, Flexible, And Smart: Why Digital Gold Is The New Investment Trend
- Top 5 Gold ETFs in 10 Years: No. 1 exchange-traded fund has converted Rs 1,25,000 one-time investment into Rs 3,81,354 in a decade
- Redeem or hold SGB? How you can make the most of this lucrative gold investment option
- Octa Broker’s Analysis: Could Silver Outshine Gold as the Top Investment in 2025?
Omega Minerals PLC
Incorporated in England (reg. number 11073509)
85 Great Portland Street, Floor 1,
London, England, W1W 7LT
Tel: 020 3883 5845