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George Frorley-Stanley, the main strategy of global consultants of state street, has 40% of gold in 12 months. Here is it.
Gold prices will probably not lose their brightness after 40% through the last 12 months.
This SPDR Gold Shares or GLD, The largest stock exchange fund supported by physical gold, saw the largest day of $ 1.9 billion in February 21, 2024.
“We believe the request is on top of the board. We see the long-term strategic active separation type positions or set up organizations. We see that individual investors do so. We see a particular fomo. There is a horror missing when the price is descended, “George Froring-Stanley, the General Gold Strategy of State Street Global Consultants told the Fox business.
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“We continued to purchase a very strong Central Bank for official reserves. This is anywhere in any user with up to 25% from anywhere from 10% to 25%.” “The purchase of the Central Bank has increased mainly to more than 1,000 metric tons in 2022,” he said.
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“In addition, in developing markets and in the last year and in the last year, in the last year, in the last year, in developing markets, in the world-generated markets, we have seen a great increase in the markets, in the Western Europe and North America, mainly, mainly Concerns about the outlook for the US economy And for the European economy, for this issue. ”
Gold prices (Trade Economy)
Gold withdrawn from an ounce of $ 2,947; Still milling-Stanley, the forecasting of yellow metal can trade between $ 2,900-100 at the end of this year.
Inflation remains in a wild place. In January, the consumer price index increased by 3%, more than expected. Prices remain high for items such as eggs, beef and transport.
Jewelry buyer, pawnshop and precious metals Concept US dollar, gold rings, necklace bracelet and white background isolated gold bullion
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Friday, The preferred inflation measure of federal reserves In January, it increased by 2.5% per year, 2.5% with the main PCE. Both were appropriate to analytical expectations.
