Gold price forecast global latest gold price forecast global

Latest gold price forecast global trends show ETF inflows picking up, with SPDR Gold Shares reporting a 1.4% increase in holdings week-over-week. This accumulation suggests growing investor confidence in precious metals amid equity market volatility. Kiyosaki interprets Buffett’s recent endorsement of gold and silver, in the face of escalating prices and geopolitical risks, as a sign of an impending crash in the stock and bond markets. Buyers of gold fall into two broad groups, according to Goldman Sachs Research. Conviction buyers tend to purchase the yellow metal consistently, regardless of the price, and based on their view on the economy or to hedge risk. These include central banks, exchange-traded funds, and speculators. Their thesis-driven flows set the price direction. Based on gold price forecast global data, Shanghai Gold Exchange contracts have seen higher trading volumes, indicating heightened interest from Asian investors who are hedging currency risks amid depreciation pressures.