George Meling Stanley, the largest gold strategy at State Street Global Advisors, says Gold is 40 % over the past 12 months still has legs. This is the reason.
Gold set a new record of $ 3,139.90 an ounce this week after crossing the $ 3,000 mark for the first time in March. while Arrange the tariff for President Donald Trump Defeated prices on Thursday, investors are still positive on the yellow metal.
“While traditional inflation and real tables were the main engines of gold prices, the central bank’s purchase recently appeared as the main catalyst behind the increase in current gold prices,” according to a recent research memorandum conducted by Franciso Blanco and Rina Sharshadzi from Bank of America.
The team sees Gold reaches $ 3500Increase 13 % of the current levels.
George Meling Stanley, the largest gold strategy in State Street Global Adviss, believes that the purchase of the central bank will remain gold this year, but also sees additional drivers.

Illon Musk’s idea about Fort Nox Gold
“We have seen a significant increase in investing in emerging markets, especially China, but in India and other places during the past year,” Fox Business told February in February. “We have seen a revival of investing in gold in the Western world, Western Europe and North America, and I often believe because of concerns about expectations of the American economy and European economies, for this issue,” he added.
index | protection | last | Changing | % Change |
---|---|---|---|---|
Me: DJ | Dow Jones Mediterranean | 40545.93 | -1,679.39 |
-3.98 % |
SP500 | S & P 500 | 5396.52 | -274.45 |
-4.84 % |
Me: Companies | Nasdak | 16550.605314 | -1050.44 |
5.97 % |
American stocks were shaken on Thursday After Trump’s mutual definition starts, with a decrease in the three main averages. Dow Jones industrial average decreased over 1,600 points, or 4 %, while the S&P 500 index lost approximately 5 % and a compound nasdaq is about 6 %.
When is the price of customs tariffs increasing?

Speaking of alloys by 99.99 % of pure gold (Alexander Manzyuk/Anadolu via Getty Images)
“It was better for gold to be better” since the United States froze the Russians’ origins when they invaded Ukraine, the gold was a good place, and I think this will remain the case. The more uncertainty and chaos would be better for gold on Thursday.
To date this year, Gold has advanced $ 467.80, or 17.79 %, as followed by Download Jones Market Data Group. By comparison, the S&P 500, which is the largest scale of stocks, decreased by 8 %.
ETF from SPDR TRUST from State Street, the only traded investment funds supported by material gold, is 18 %. In comparison, S&P 500 lost the largest scale for the stock market, by 8 %.
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