Gold prices are supposed to fall by this measure — but there's ‘no guarantee'
Portfolio Pulse from
Gold prices are expected to rise next year due to increased Chinese demand and central-bank purchases, despite a stronger dollar and rising Treasury yields.
December 02, 2024 | 6:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
AAAU, a gold ETF, may see a positive impact due to expected rise in gold prices driven by increased Chinese demand and central-bank purchases.
AAAU is directly linked to gold prices. The expected increase in gold prices due to higher demand from China and central banks suggests a positive impact on AAAU's value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80