Gold10 Data, September 19th, the price of gold rebounded on Thursday, Allegiance Gold CEO Alex Ebkarian said: The market is considering larger and more interest rate cuts due to the fiscal and trade deficits in the United States, which will further weaken the overall value of the US dollar. When you consider geopolitical risks, the current deficit, low yield environment, and the weakening US dollar, all these factors combined are the reasons for the pump in gold. In our opinion, this round of uptrend may go further. Our target is to reach $2700 per ounce by mid-2025. In addition to short-term risk-driven factors, we expect gold ETF demand to increase in the coming months.
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Perşembe günü altın fiyatları, ABD'nin bütçe açığı ve jeopolitik riskler gibi faktörlerin devam etmesiyle Ribaund yapma eğiliminde olabilir.
Gold10 Data, September 19th, the price of gold rebounded on Thursday, Allegiance Gold CEO Alex Ebkarian said: The market is considering larger and more interest rate cuts due to the fiscal and trade deficits in the United States, which will further weaken the overall value of the US dollar. When you consider geopolitical risks, the current deficit, low yield environment, and the weakening US dollar, all these factors combined are the reasons for the pump in gold. In our opinion, this round of uptrend may go further. Our target is to reach $2700 per ounce by mid-2025. In addition to short-term risk-driven factors, we expect gold ETF demand to increase in the coming months.