Gold Prices React to Key US Inflation Data on Nostr: State Street’s Milling-Stanley Upgrades Gold Forecast, Predicts Prices to Trade ...
State Street’s Milling-Stanley Upgrades Gold Forecast, Predicts Prices to Trade Between $2,200 and $2,500 in H2 2024
===============
#1427aa63 ver:0.25
State Street's Milling-Stanley predicts gold prices to trade between $2,200 and $2,500 in H2 2024, despite a recent decline due to the Fed's interest rate stance and a stronger US dollar. Gold prices have risen 13.2% this year, driven by demand from central banks and investors. YLG Bullion advises accumulating gold as prices consolidate, with expectations of a rise in the medium to long term. Only 59,000 tonnes of gold supply remains globally, with reserves lasting for 19 years unless new deposits are found. #Gold #Investing #Forecast...
#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices
https://here.news/story/1427aa63?ver=0.25
===============
#1427aa63 ver:0.25
State Street's Milling-Stanley predicts gold prices to trade between $2,200 and $2,500 in H2 2024, despite a recent decline due to the Fed's interest rate stance and a stronger US dollar. Gold prices have risen 13.2% this year, driven by demand from central banks and investors. YLG Bullion advises accumulating gold as prices consolidate, with expectations of a rise in the medium to long term. Only 59,000 tonnes of gold supply remains globally, with reserves lasting for 19 years unless new deposits are found. #Gold #Investing #Forecast...
#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices
https://here.news/story/1427aa63?ver=0.25