Gold to see more volatility in 2025 with a narrower path to $3,000 - MKS' Nicky Shiels
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Gold is expected to experience increased volatility in 2025, with a challenging path to reach $3,000, according to MKS' Nicky Shiels.
December 16, 2024 | 9:15 pm
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The prediction of increased volatility in gold prices in 2025 could impact AAAU, a gold-backed ETF, as it directly correlates with gold price movements.
AAAU is a gold-backed ETF, and its performance is directly tied to gold prices. The forecast of increased volatility in gold prices suggests potential fluctuations in AAAU's value. However, the specific impact on AAAU is uncertain, as it depends on how gold prices actually move.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50