Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
Commerzbank Boosts Q1 Gold Target to $2,700
Commerzbank has increased its gold price forecast for the first quarter of 2025, raising it from $2,600 to $2,700 per troy ounce. Despite this near-term bullish adjustment, the bank has kept its year-end 2025 price target unchanged at $2,650 per troy ounce, suggesting they anticipate some moderation in prices after the first quarter.
LBMA's New Digital Ledger: A Possible Game-Changer for Gold Security
To combat the growing challenges of gold laundering and counterfeiting, the London Bullion Market Association (LBMA) has implemented a groundbreaking digital tracking system. The Gold Bar Integrity Database aims to prevent illicit gold from criminal gangs and conflict zones from infiltrating bank vaults, while also stopping the circulation of counterfeit bars bearing major refineries’ logos. […]
Gold Prices Pause Near Highs as Fed Decision Looms
Gold prices remained relatively stable at $2,758.49 per ounce as markets await the Federal Reserve’s policy decision and commentary on potential March rate cuts. The precious metal’s recent approach to all-time highs, driven by Trump’s calls for lower rates, was tempered by a tech sector sell-off triggered by Chinese AI developments. Investors are particularly focused […]
Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War
Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War Just hours before the Fed’s dovish pause, the Bank of Canada extended its easing experiment when moments ago it cut interest rates by a quarter percentage point as expected, ended the bank’s Quantitative Tightening, and dropped guidance […]
Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War
Bank of Canada Cuts Rates As Expected, Ends QT, Restarts QE, And Drops Guidance On Looming Trade War Just hours before the Fed’s dovish pause, the Bank of Canada extended its easing experiment when moments ago it cut interest rates by a quarter percentage point as expected, ended the bank’s Quantitative Tightening, and dropped guidance […]
LVMH Reports “Mixed” Results As Goldman Says “Buy On Any Weakness”
LVMH Reports “Mixed” Results As Goldman Says “Buy On Any Weakness” LVMH Moët Hennessy Louis Vuitton SE posted better-than-expected full-year sales but delivered mixed fourth-quarter results, highlighting a sluggish luxury recovery. Shares fell in European trading after the earnings report. LVMH controls around 60 subsidiaries that manage 75 luxury brands. LVMH’s portfolio includes Christian Dior Couture, Givenchy, […]