1. Wars]
– Gold jumped $200 after Russia invaded Ukraine (Feb 2022)
– War in Gaza (Oct 2023): gold gapped up again
– Risk of China–Taiwan, India–Pakistan, NATO–Russia all remain
– Terrorism spikes = 10–20% gains in hours (example: 9/11)
2. Interest Rates]
– Lower rates = weaker dollar = stronger gold
– 2024: ECB cut 4x, FED 3x, BoC 5x
– 2025: more cuts expected
– Gold fell –15% in 2022 when rates rose — the inverse will now boost it
3. Central Banks Buying]
– 2023: 1,037t added
– Trend continues in 2024–25
– China diversifying away from USD
4. Inflation]
– Gold protects against loss of fiat value
– $1000 in gold (2014) = $1500 in 2024
5. China’s Role]
– #1 consumer of gold
– Jewelry demand: 2,168 tons in 2023
– Insurers now allowed to invest in bullion (potential $27.4B inflow)
Conclusion: Everything aligns. BUY Gold. Long-term target: $5000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.