Daily Reckoning on Nostr: 2025: The Year of $3K Gold ========== Investors are closely monitoring gold due to ...
2025: The Year of $3K Gold
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Investors are closely monitoring gold due to its performance; gold prices reached record highs, surpassing $2,700 by October 2024; Zach Scheidt has been bullish on gold since 2021; gold demand has increased as it serves as a diversifier and inflation hedge; Trump's election caused a temporary pullback in gold prices; November's core inflation reading was 3.3%; interest rates initially rose post-election but have since stabilized; a strong dollar has pressured gold, but with rates no longer climbing, gold is expected to rise again.
#Gold #Investing #Inflation #Trump #Economy #InterestRates #MarketTrends #Safehaven #FinancialAnalysis #2025
https://dailyreckoning.com/2025-the-year-of-3k-gold/
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Investors are closely monitoring gold due to its performance; gold prices reached record highs, surpassing $2,700 by October 2024; Zach Scheidt has been bullish on gold since 2021; gold demand has increased as it serves as a diversifier and inflation hedge; Trump's election caused a temporary pullback in gold prices; November's core inflation reading was 3.3%; interest rates initially rose post-election but have since stabilized; a strong dollar has pressured gold, but with rates no longer climbing, gold is expected to rise again.
#Gold #Investing #Inflation #Trump #Economy #InterestRates #MarketTrends #Safehaven #FinancialAnalysis #2025
https://dailyreckoning.com/2025-the-year-of-3k-gold/