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Bullion is often regarded as a hedge against geopolitical and economic risks and tends to perform well in low-interest-rate environments. "We expect gold to rally to $3,000/t oz on structurally ...
The performance of gold bullion is often compared to stocks as different investment vehicles. Gold is regarded by some as a store of value (without growth) whereas stocks are regarded as a return on value (i.e., growth from anticipated real price increase plus dividends).
The firm sees gold rising to $3,050 if central banks purchase more bullion than expected. It also said prices could stall at $2,900 if the Federal Reserve decides to only cut interest rates one ...
While lower rates are still bullish for gold, which doesn’t pay interest or dividends, higher rates don’t necessarily put pressure on bullion anymore, BofA said, maintaining a gold price ...
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb). The minimum purity required is 99.5% gold.
With a 28.7% year-to-date (YTD) return, gold is slightly outperforming the S&P 500's (SNPINDEX: ^GSPC) 26.6% YTD gain. Here are some factors that can drive the price of gold, the role gold can ...