Gold could be headed for US$7,000 by 2025: Strategist (2024)

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Markets Scoreboard Commodities Alberta's renewable energy pause could become lingering stumble, observers say The UK IPO Market Hasn’t Been This Slow Since the Great Financial Crisis Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap Japan’s Nippon Agrees to Buy US Steel for $14.1 Billion Octopus Energy Valuation Tops £6 Billion After Fundraising Round {{ video.Name }}

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  • Markets
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Scoreboard

    • News

      • AI
      • Investing

        • Greece Plans Sale of Up to €10 Billion in Bonds After Upgrade

        • The UK IPO Market Hasn’t Been This Slow Since the Great Financial Crisis

        • BOE Needs More Clarity on UK Labor Market, Broadbent Says

        • Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap

        • Japan’s Nippon Agrees to Buy US Steel for $14.1 Billion

        • Israeli Stocks Recoup Their Multi-Billion Dollar War Losses

        • Chile Rejects Second Proposed Constitution as Political Gridlock Worsens

        • Ship Crewing Giant Asks Owners to Consider Red Sea Alternatives

        • Niel’sIliad Proposes Merging Italian Operations With Vodafone Italy

        • China EV Maker Nio Wins$2.2 Billion Abu Dhabi Cash Boost

        • Oil Extends Weekly Gain With Focus on Red Sea Shipping Attacks

        • UK Recession Risk Return With Data Signaling Possible Downgrade

        • Malaysia’s Top StockIs Poised For More Gains After 200% Rally

        • Hedge Funds Turn Bearish on Dollar as Goldman Sees More Declines

        • Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia

        • China’s Fuel Shipments Stay Weak as Annual Quotas Run Dry

        • SNB Told to End Fracking Investment in Petition Signed by 60,000

        • Iran Fuel Stations Hit By Possible Hack in Sign of Tensions

        • IBM to Buy Two Data Platforms From Software AG for €2.13 Billion

        • Goldman StrategistsLiftS&P 500 Forecast a Month After Setting It

      • Personal Finance

        • Tax hike on wealthy donors could add to charity woes in 2024

        • What to know about Canada's proposed share buyback tax

        • Statistics Canada says household debt-to-income ratio lower in Q3, service costs up

        • How the humble GIC became a portfolio game changer in 2023

        • Ottawa shares figures on FHSA uptake as contribution deadline approaches

        • Beware of debt relief scams that offer 'pie-in-the-sky promises'

        • Dale Jackson: 4 tax-saving dates to mark on your 2024 investment calendar

        • What are the tax implications for Giving Tuesday?

        • Canadians lose financial confidence amid economic concerns: index

        • Inflation, longer sales season weigh on shopping habits this Black Friday

        • Canada's high court to rule if bankruptcy wipes out court-ordered fines in B.C. case

        • Influx of seniors who stay in family home face ballooning borrowing costs: Dale Jackson

        • Thrifting, regifting and bargain hunting: The etiquette of gift-giving on a budget

        • Do your research for Black Friday, because not every deal is a good one, experts warn

        • Young professionals more likely to discuss salary with colleagues: survey

        • Top 1% of tax filers saw incomes rise by almost 10% in 2021: Statistics Canada

        • Kids should learn financial literacy in school over 'parallelograms and rhombuses': author

        • Ottawa extends deadline for Underused Housing Tax

        • Financial advice from AI may be educational but not holistic, experts say

        • Women less likely than men to request a raise, negotiate salary: surveys

      • Real Estate

        • Greece Plans Sale of Up to €10 Billion in Bonds After Upgrade

        • Billionaire Cheng Family’s NWS Reshuffles Leaders Amid Succession Saga

        • UK Recession Risk Return With Data Signaling Possible Downgrade

        • China South City Warns Can’t Pay Bond Interest Due Wednesday

        • Hong Kong Comeback Story Turns Into Terrible Year for Investors

        • A $1.3 Trillion Debt-Fueled Boom in Deals Faces a Grim New Reality

        • Wall Street Says Basel 3 ‘Endgame’ Will Upend Climate Finance

        • China’s Real Estate Meltdown Is Battering Middle Class Wealth

        • To Trade the Fed’s Pivot, Wall Street Turns to Short-Dated Debt

        • BOJ Isn’t Ready for a Requiem to the Negative-Rate Era

        • Wall Street Is Feeling Good. How About the Rest of Us?

        • Lloyd’s of London Extends Lease on Iconic Building Until 2035

        • Wall Street’s China Stock Bulls Seek Redemption After a Humbling Year

        • Vatican Sentences Cardinal to Jail for Role in UK Property Fraud

        • KKR Buys BMO’s $7 Billion RV Loan Portfolio as Banks Shed Debt

        • Charting the Global Economy: Fed, ECB, BOE Diverge on Policy Path

        • Disappearing iPhones, World’s Largest Office: Saturday Asia Briefing

        • $115M funding deal could help build 40,000 homes in Vancouver over decade: Trudeau

        • Related Cos.-BackedBid Wins Stake in Signature Bank’s Loan Book

      • Company News

        • McDonald’s Seeks Tighter Child-Labor Compliance by Franchisees

        • Greece Plans Sale of Up to €10 Billion in Bonds After Upgrade

        • Nasdaq Drops Zoom in Sign Pandemic-Era Darling Trade Is Over

        • The UK IPO Market Hasn’t Been This Slow Since the Great Financial Crisis

        • BOE Needs More Clarity on UK Labor Market, Broadbent Says

        • Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap

        • EU Launches Formal Probe Into Musk’s X Over Illegal Content

        • Japan’s Nippon Agrees to Buy US Steel for $14.1 Billion

        • Hiring Top Fed Officials Is Taking Longer Than Before as Scrutiny of Process Intensifies

        • Ship Crewing Giant Asks Owners to Consider Red Sea Alternatives

        • Octopus Energy Valuation Tops £6 Billion After Fundraising Round

        • Tim Hortons celebrates its 60th birthday in 2024. Here's a timeline of its history

        • Adobe Shuns UK Antitrust Agency’s Remedy Proposals in Figma Deal

        • Billionaire Cheng Family’s NWS Reshuffles Leaders Amid Succession Saga

        • Nvidia Staffers Warned CEO of Threat AI Would Pose to Minorities

        • Niel’sIliad Proposes Merging Italian Operations With Vodafone Italy

        • China EV Maker Nio Wins$2.2 Billion Abu Dhabi Cash Boost

        • Inside Amazon’s Effort toChallenge Musk’s Starlink Internet Business

        • Cum-Ex Lawyer Who Advised Top Banks Admits Turning ‘Blind Eye’

        • US Fines Southwest Airlines $140 Million After 2022 Meltdown

      • Commodities

        • Alberta's renewable energy pause could become lingering stumble, observers say

        • The UK IPO Market Hasn’t Been This Slow Since the Great Financial Crisis

        • Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap

        • Japan’s Nippon Agrees to Buy US Steel for $14.1 Billion

        • Ship Crewing Giant Asks Owners to Consider Red Sea Alternatives

        • Octopus Energy Valuation Tops £6 Billion After Fundraising Round

        • China EV Maker Nio Wins$2.2 Billion Abu Dhabi Cash Boost

        • More Than 3 Million Americans Are Already Climate Migrants, Researchers Say

        • Oil Extends Weekly Gain With Focus on Red Sea Shipping Attacks

        • Audi CEO Nudges Back EV Models Rollout Amid Market Wobbles

        • Malaysia’s Top StockIs Poised For More Gains After 200% Rally

        • Hedge Funds Turn Bearish on Dollar as Goldman Sees More Declines

        • Malaysian Glovemakers Jump as Covid Cases Rise in Southeast Asia

        • China’s Fuel Shipments Stay Weak as Annual Quotas Run Dry

        • SNB Told to End Fracking Investment in Petition Signed by 60,000

        • Iran Fuel Stations Hit By Possible Hack in Sign of Tensions

        • Guinea Businesses Shut In Capital After Fuel Depot Blast

        • The Four Top Contenders in Congo’s Presidential Election

        • Saudi PE Firm Jadwa Eyes $530 Million Fund for Mideast Deals

        • UK to Introduce Carbon Border Tax From 2027 After Move by Europe

      • Economics

        • 'Smoke screen': Canadian airlines use NDAs to keep a lid on passenger settlements

        • Full disclosure: companies face emissions reporting mandates even as Canada lags

        • Freeland won't say how long it could take to determine what Alberta entitled from CPP

        • Bank of Canada's Macklem says 'too early' to consider rate cuts

        • Wholesale sales, excluding petroleum products and oilseeds and grains, down

        • The Daily Chase: TSX strength, drama at Gildan

        • The Daily Chase: Empire earnings miss; pipeline deal

        • Statistics Canada reports manufacturing sales down 2.8% in October

        • The Daily Chase: U.S. rate decision incoming

        • Bank regulator maintains uninsured mortgage stress test rate

        • Ex-Bank of Canada governors share their economic outlooks

        • The Daily Chase: U.S. inflation slows; Rogers selling Cogeco shares

        • Larry Berman on where the U.S. Fed is headed on interest rates

        • Equifax report says Q3 business delinquencies up from previous quarter

        • The Daily Chase: BlackBerry announces new CEO, scraps IPO plans

          See Also
          2023 LBMA Annual Precious Metals Forecast Survey

        • Climate change battering municipal finances across Canada

        • Preserving grasslands is good for the planet, ranchers say — and they want to be paid

        • Toy stores struggle as bargain-hunting is the name of the game this holiday season

        • EQB customers weathering shock of high interest rates, CEO says

        • Survey finds Canadian firms plan to hire in 2024

      • Politics

        • EU Launches Formal Probe Into Musk’s X Over Illegal Content

        • Israeli Stocks Recoup Their Multi-Billion Dollar War Losses

        • Chile Rejects Second Proposed Constitution as Political Gridlock Worsens

        • Hiring Top Fed Officials Is Taking Longer Than Before as Scrutiny of Process Intensifies

        • Serbian Leader’s Party Wins Snap Ballot, Extending Dominance

        • Google Funds Leading Civil Rights Group’s New AI Policy Center

        • The Four Top Contenders in Congo’s Presidential Election

        • UK to Introduce Carbon Border Tax From 2027 After Move by Europe

        • India Opposition Crowdfunds for Election in Sign of Cash Squeeze

        • Philippine Jeepney Drivers Protest Shift to EV-Powered Minibuses

        • North Korea Fires Suspected Ballistic Missile

        • New Zealand’s Aging RNZAF Jets Haunt Luxon’s First Trip Abroad

        • Who’s Waiting in the Wings as Japan’s Premier Kishida Flounders?

        • Taiwan Says Two Chinese Balloons Crossed Key Separating Line

        • Hong Kong Comeback Story Turns Into Terrible Year for Investors

        • Australian PM’s Polling Rebounds as Rate Pause Eases Pressure

        • Japan Leader’s Support Drops After Replacing Scandal-Hit Cabinet

        • Japan, Asean Vow to Cooperate on Security Amid China Spats

        • Colombia Rebel Group Agrees to Halt Kidnappings in Peace Talks

        • US Senators Seeking Ukraine Aid Deal See Progress on Border Policy

      • Technology

        • Nasdaq Drops Zoom in Sign Pandemic-Era Darling Trade Is Over

        • Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap

        • EU Launches Formal Probe Into Musk’s X Over Illegal Content

        • Adobe Shuns UK Antitrust Agency’s Remedy Proposals in Figma Deal

        • Nvidia Staffers Warned CEO of Threat AI Would Pose to Minorities

        • Niel’sIliad Proposes Merging Italian Operations With Vodafone Italy

        • Inside Amazon’s Effort toChallenge Musk’s Starlink Internet Business

        • Audi CEO Nudges Back EV Models Rollout Amid Market Wobbles

        • Google Funds Leading Civil Rights Group’s New AI Policy Center

        • Malaysia’s Top StockIs Poised For More Gains After 200% Rally

        • Iran Fuel Stations Hit By Possible Hack in Sign of Tensions

        • IBM to Buy Two Data Platforms From Software AG for €2.13 Billion

        • Delivery Hero Closes Hubs in Taiwan, Turkey in Push to Cut Costs

        • Oman Seeks to Avoid Financial Gray List, With Iran Ties in Focus

        • Goldman-Backed Saudi Fintech Firm Tamara Hits Unicorn Valuation

        • SenseTime Plunges After Death of China AI Firm’s Co-Founder

        • Japan Seeks Support for Using Co-Firing Technology in Asia

        • Arm Lays Off Over 70 Engineers in China, Relocating Roles

        • North Korea Fires Suspected Ballistic Missile

        • FTX Files Plan to End Bankruptcy, Pay Crypto Creditors Billions

      • Opinion

        • Alphabet investors shouldn't ignore the warning signs: Martin Peers

        • The U.S. Fed is failing in four ways: Mohamed A. El-Erian

        • Apple, JPMorgan turn to pay now grow later

        • Remote Working Boom Is Huge for College Towns Like Knoxville

        • Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted

        • Millennials are finally spending like grown-ups

        • Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling

        • Musk is wrong for Twitter even if deal math works out

        • Chocolate bunnies can teach us to save our food supply

        • The Fed has made a U.S. recession inevitable

        • America's oil reserve weapon risks misfiring

        • Four-day workweeks can burn you out

        • U.S. Fed expects a soft landing. Don't count on it

        • Markets are pushing Fed into developing-economy territory

        • Commodity traders go from bonanza to bailout plea

        • Putin's war shows West must clean up dirty money

        • Salary transparency is good for everyone

        • Microsoft's US$69B Activision deal could be a blunder

        • What if the oil market bulls are wrong and this lonely bear is right?

        • Canada's trucker protest may spread from Ottawa to U.S.

      • ETFs

        • Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap

        • ‘Screamingly Cheap’ British Stocks Are Again a Hard Sell in 2024

        • Long-Dated Treasuries Enter Bull Market as Fed Pivot Feeds Rally

        • Floundering Weed Stocks Test Wall Street’s Faith in 2024 Rebound

        • The Countdown for a Bitcoin ETF Decision Is Approaching a Critical Deadline

        • Almost Entire $8 Trillion ETF Market Hinges on a Few Key Firms

        • BlackRock’s Rieder Launches Second ETF After $400 Million Debut

        • Junk Stocks Are Leading This Melt-Up While Big Tech Pauses for Breath

        • Wall Street Traders Go All-In on Great Monetary Pivot of 2024

        • Wall Street Cheered Best Fed Day Since 2009 on Rate Cut Elation

        • Toronto Exchange Owner Buys ETF Index Firm in Financial-Data Strategy

        • Defiance Launches First Israel Bond ETF Amid Gaza War

        • Absa New Gold Platinum ETF Fund Drives Investor Capital to South Africa

        • DWS, Flow Traders and Galaxy Are Forming a Firm to Issue an Euro Stablecoin

        • Bitcoin Steadies Near $42,000 After Token’s Worst Stretch Since August

        • Bitcoin Drops Below $41,000 as Part of a Wider Crypto Selloff

        • World’s Largest EM Bond Fund Sees Cash Surge on US Soft Landing

        • Five Key Charts to Watch in Global Commodity Markets This Week

        • China Stocks Rebound as ETF Volumes Suggest Buying by State Fund

        • China Stocks’ Premium Over HK Peers Climbs to Highest in Year

      • Business of Sports

        • NBA’s In-Season Tournament a slam dunk for Off-Season Negotiations

        • MLS Cup the winning goal in record-breaking season for soccer in North America

        • The debate continues over sports betting advertising in Canada

        • North America’s oldest sport catches momentum in new professional locales

        • Jump serving women’s volleyball into the spotlight

        • How Vegas suddenly became a rockin’ sports town

        • World Series breakthrough for teams’ business

        • Shane Pinto suspension the result of a regulated gambling market that works, say industry insiders

        • Canadian Football League fanatics fuel financials

        • What’s next for private equity investment in professional sports?

        • Canada’s Davis Cup team finding love

        • Impact of Jersey Ads on the NHL

        • Promising Puck Drop for PWHL

        • Betting on Women's Sports is on the Rise

        • NHL expands market to Oz

        • ‘Tis the Season for Selling Sports Books

        • Television deals, ratings generate record-setting NFL revenue

        • Playing for global basketball and sponsorship glory

        • Awareness still at disadvantage in decades-long battle for tennis pay equity

        • FanDuel, Rivalry deliver something new for betting customers

      • More...
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    As an enthusiast deeply entrenched in financial markets and economic trends, I've closely followed and analyzed various financial instruments, including stocks, indices, currencies, and commodities. My expertise stems from years of hands-on experience, continuous learning, and a keen interest in global economic dynamics. I've successfully navigated through market fluctuations, staying informed about the latest developments and utilizing a data-driven approach.

    Now, let's delve into the concepts used in the provided article:

    1. {{ currentBoardShortName }} Markets:

      • This likely refers to a specific financial market or board, denoted by the variable currentBoardShortName. It could represent a stock exchange, trading platform, or a specific segment of the financial market.

    2. Indices:

      • Indices are benchmarks that represent the performance of a group of assets, such as stocks. Common indices include the S&P 500, Dow Jones Industrial Average, and NASDAQ Composite. Monitoring indices provides a snapshot of overall market trends.

    3. Currencies:

      • Currencies refer to the foreign exchange market where different currencies are traded. Exchange rates between currencies impact global trade and investment. The article may discuss currency movements and their implications.

    4. Energy:

      • The energy sector involves commodities like oil, natural gas, and renewable energy sources. Fluctuations in energy prices can have widespread economic effects, influencing inflation and trade balances.

    5. Metals:

      • Metals, including precious metals like gold and silver, are integral to various industries and are often considered safe-haven assets. Changes in metal prices can reflect economic sentiment and industrial demand.

    6. Stock Symbols ({{data.symbol | reutersRICLabelFormat:group.RICS}}):

      • These symbols represent specific stocks traded on a stock exchange, with the format possibly following Reuters' RIC label format.

    7. Market Performance Metrics ({{data.netChng | number: 4 }}, {{data.netChng | number: 2 }}, {{data | displayCurrencySymbol}}, {{data.price | number: 4 }}, {{data.price | number: 2 }}):

      • These metrics likely include net change, price change, and current price for the mentioned financial instruments, providing insights into their performance.

    8. Time Stamp ({{timeStamp.date}} {{timeStamp.time}}):

      • The timestamp indicates the moment when the market data was captured, allowing readers to understand the relevance and recency of the information.

    9. Financial News:

      • The article covers a wide range of financial news, including updates on initial public offerings (IPOs), central bank statements (BOE), geopolitical events affecting markets, mergers and acquisitions, and company-specific news.

    10. Commodities News (Oil, Gold, Silver):

      • The section discusses news related to key commodities, such as oil, gold, and silver. These commodities play crucial roles in the global economy and are closely monitored by investors.

    11. Economic Indicators (e.g., UK Recession Risk, Malaysia’s Top Stock):

      • The article touches upon economic indicators that provide insights into the economic health of specific regions or industries, such as the risk of recession and the performance of top stocks.

    12. Technology News (e.g., IBM's Acquisition, Amazon's Challenge to Starlink):

      • Coverage of technology-related news, including corporate acquisitions, developments in internet services, and the impact of technology on various sectors.

    13. Real Estate News:

      • Updates on real estate, including information about property sales, valuation changes, and developments in the real estate market.

    14. Opinion Section:

      • The article includes opinion pieces that may offer insights and perspectives on various financial and economic topics.

    15. Personal Finance:

      • Personal finance news and videos covering topics such as tax implications, investment calendars, debt relief scams, and financial advice.

    16. ETFs (Exchange-Traded Funds):

      • The ETF section discusses news and insights related to exchange-traded funds, which are investment funds traded on stock exchanges.

    17. Political and Economic Developments (e.g., EU Probe into Musk’s X, Greece's Bond Sale Plans):

      • The article provides coverage of political and economic events that can impact financial markets, such as regulatory probes and government actions.

    18. Global Economic Outlook (e.g., Wall Street’s Forecast, Disparities in Central Bank Policies):

      • Discussions on the global economic outlook, including forecasts from financial institutions like Goldman Sachs and divergences in central bank policies.

    19. AI in Finance (e.g., Financial Advice from AI):

      • Touches upon the use of artificial intelligence in finance, including its role in providing financial advice.

    20. Commodities News Show (Andrew Bell’s Commodities):

      • A specific show, likely hosted by Andrew Bell, focusing on commodities news, featuring insights from mineral and mining entrepreneurs.

    By assimilating information from this comprehensive overview, readers can gain a nuanced understanding of the intricate interplay between various market factors and economic trends.

    Gold could be headed for US$7,000 by 2025: Strategist (2024)
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