Gold hits record high as interest rates fall [Yahoo! Finance Canada]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance Canada
Yahoo Finance Senior Business Reporter Ines Ferré analyzes gold's performance over the last year and breaks down why Goldman Sachs thinks it could hit 2,900 by early 2025. To watch more expert insights and analysis on the latest market action, check out more Market Domination here This post was written by Melanie Riehl Video Transcript Gold feature is jumping to a new high during today's session. Yahoo Finance is in s for joining us now with more the action there has just been pretty incredible in. Yeah, that's right. Gold up more than 30% year to date. So why is this? Well, in part, because interest rates are coming down. That's bullish for gold. Investors have been pouring into Western physical gold backed ETF S and central banks have been buying up gold at record levels. There's no signs that that's going to be stopping in time soon just to give you a small example of the foreign appetite for gold. Poland plans to keep buying up gold and aims to target ho
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GS
Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 10/17/24 - Form 424B2
- 10/17/24 - Form FWP
- 10/17/24 - Form FWP
- GS's page on the SEC website