📊 Gold Sets New Record High! 🚨 📊 For the fifth time in the last six trading sessions, gold has set a new record, confirming its strength as a safe haven amid global economic challenges. What's behind this strong rise? And will it continue? 🤔💰 🔍 Reasons for gold's unprecedented rise: 1️⃣ Demand for Safe Havens: Amid geopolitical tensions and volatility in financial markets, investors are looking for assets to protect their wealth, and gold is always the first choice. 2️⃣ US Monetary Policy
🔴 Experts expect the Federal Reserve to hold interest rates steady at its meeting today, Wednesday, within a range of 4.25% and 4.5%.
- Investors will focus on Federal Reserve Chairman Jerome Powell's press conference, seeking reassurance that the central bank will be ready to support the economy if necessary.
- Experts indicated that the statement issued after the meeting could change based on recent economic data, which indicates a slowdown in economic activity.
🔵 For those worried that it's too late to buy gold, rest assured. 📊
• Historically, gold's rise begins when the Federal Reserve stops raising interest rates, and historically, it has risen significantly when the Federal Reserve cuts interest rates.
• The United States has stopped raising interest rates today and will begin cutting them in the coming months. The United States is currently facing $40 trillion in debt, American banks are in danger, the American housing market is in decline, and geopolitical crises are affecting all corners of the globe.
⬅️ Hedge with gold, as there are plenty of gains to come this year.
🔴 Markets await the Federal Reserve meeting on Wednesday. 🇺🇸
⬅️ All eyes will be on the Federal Reserve meeting on Wednesday, where the interest rate decision, monetary policy statement, and Jerome Powell's press conference will be announced, along with economic forecasts. These decisions are expected to significantly impact the dollar if any signals emerge regarding the timing of the next interest rate cut.
🔴 UBS raises its gold price forecasts due to the increasing likelihood of a prolonged global trade war.
- The bank expects the price of the yellow metal to reach $3,200 per ounce over the next four quarters.
- Last week, Macquarie Group predicted the price would rise to $3,500 per ounce in the second quarter, and BNP Paribas raised its average price forecast to above $3,000.
🔴 The American Chamber of Commerce to the European Union warns that an escalating trade war between the United States and Europe could put $9.5 trillion in annual transatlantic business at risk.
📈 A famous investor expects gold to reach $4,000.. 💰
⬅️ Jeffrey Gundlach, CEO of DoubleLine, expects gold to continue its upward trajectory to reach $4,000 per ounce. He has always been optimistic about it, and now confirms that gold is on its way to achieving this goal. He said that he is not sure if it will happen this year, but he feels that this is the expected move.
🏛 JPMorgan expects lower US economic growth in 2025.. 🇺🇸
⬅️ JPMorgan lowered its forecast for US economic growth in 2025, expecting growth to slow from 2.6% to 1.9%, amid escalating economic challenges and uncertainty about fiscal policies. The bank explained that the most prominent factors that will negatively impact the pace of economic growth are the imposition of new US tariffs.
1. The Houthis declared all US aircraft carriers and warships targets.
2. Russian official: 30-day ceasefire proposal a tactical pause for Ukrainian forces.
3. Jindos: Current uncertainty extends beyond the COVID-19 pandemic.
4. Germany unveils financial plan for a €500 billion fund to ease debt constraints.
5. Washington, D.C.'s economy faces potential repercussions from federal workforce cuts.
6. Canadian Prime Minister Trudeau has formally resigned, ceasing to serve as head of government.
7. US consumer confidence fell for the third consecutive month, and one-year inflation expectations rose to their highest level in nearly two and a half years.
📊 Here are the most important market developments:
⬅️ President Trump announced his intention to impose new tariffs on foreign goods, automobiles, steel, and aluminum, reflecting his move toward a more aggressive trade policy.
⬅️ Gold prices stabilized after hitting a record high last week.
⬅️ Meanwhile, the Japanese yen continued to decline against the dollar due to speculation about the Bank of Japan meeting.
⬅️ Markets are awaiting the US retail sales report today.
📊 Gold Leads the Market - What's Driving This Rise? 🕯 Gold's market capitalization has surged to $20 trillion, surpassing tech giants like Apple, Microsoft, and NVIDIA. With prices now above $3,000 per ounce, the metal's surge reflects profound macroeconomic shifts rather than mere speculative momentum. ⬅️ Central banks, particularly in China, have been stockpiling gold for three consecutive years, with purchases exceeding 1,000 tons annually. This accumulation signals a shift away from relian
🏛 The US Federal Reserve is heading to hold interest rates steady amid uncertainty over Trump's policies. 🇺🇸
⬅️ The US Federal Reserve is heading to keep interest rates unchanged at its upcoming meeting this week, according to broad analyst expectations, amid uncertainty stemming from Trump's economic policies, which include spending cuts and widespread tariffs.