Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Gold prices reached $ 3,200 for the first time on Friday.
Trump’s tariffs and China’s revenge movement starred in global markets.
Blackrock strategy said that gold is a better hedge than treasure bills in a confusion.
Gold He struck another record of $ 3,200 on Friday – and is a better way of market confusion than the treasury bills.
WEI Li, a Global General Investment Strategy in the active manager, was written in LinkedIn post on Thursday and “low currency” abnormal.
“Also, not normal – riskless, #dollar and treasures. I will continue to say that #Gold is a better diversification of the treasury in a highly indebted environment.”
He is afraid of the president’s long term Donald Trump‘s trading tariffs began an aggressive work The sale of US bonds. This week, the prices increased by about 4.4% on Friday with a 10-year treasury.
Treasures were traditionally considered one of the safest investments, but this perception may begin to change.
Dollar, at the same time, Turmoil, three years in the three-year eucoshare decreased by a three-year lower and Swiss Franc.
“This new mode can continue to be a better diversification than the treasury, which is characterized by 1 / #clinfational pressure and 2 / high #Debt,” he said.
Broken by gold last month $ 3,000 the first time level. In April 2, Trump in April 2, in the days following the tariff announcement, the metal went up to about $ 3,150 before withdrawal.
Since the time investors have been looking for in gold Safe Haven assets, usually protects or increases values during turbulence in the market.
In a Friday’s note, UBS analysts raised 2025 gold prices for $ 3,500, “Rising tariffs, weak growth, higher inflation and higher inflation and stretching geopolitical risks.”
“Gold seems to be deprived of higher productivity,” he wrote, this year this year appeared this year compared to other safe weather, including the Treasures, Frank and Yen.
Analysts in the Bank of America are also a $ 3,500 price target for gold.
Read the original article Businesslike