Gold prices are at all-time highs - here’s what experts have been saying

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  • Опубликовано: 2 окт 2024
  • Gold prices continue to soar and notch record highs. Yahoo Finance spoke with analysts and economists to break down the latest moves and what's driving the price up for this sought after commodity.
    Some of the factors driving up the price of gold include Federal Reserve rate cuts expectations and geopolitical turmoil which have been giving a boost to prices. Prices have also been propped up by purchases from central banks, which have been snatching up the precious metal.
    #youtube #gold #news
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Комментарии • 51

  • @WorldMoneyWins
    @WorldMoneyWins 5 месяцев назад +32

    Rising gold prices are a sign of a failing currency.

  • @entel1987
    @entel1987 5 месяцев назад +5

    2400/2500 for the gold in the month of april 2024

    • @MENSA.lady2
      @MENSA.lady2 5 месяцев назад

      It would not surprise me. That's why I rate Gold a hold.

  • @erickanter
    @erickanter 5 месяцев назад +2

    Central banks buying gold. Why do you think they are buying gold.

  • @XlGreedlX
    @XlGreedlX 5 месяцев назад +3

    Btc is king! omg gold is gonna go up 50 bucks! Me with my pet rock going up 1000%

    • @Kitten_Stomper
      @Kitten_Stomper 5 месяцев назад

      Then why you have shiba in your profile?

    • @paulh2282
      @paulh2282 5 месяцев назад

      I'm up over 100% in my silver miner in the last 6 weeks. How's your imaginary pet rock doing?

    • @Kitten_Stomper
      @Kitten_Stomper 5 месяцев назад

      @@paulh2282 err…that’s the wrong battle to have picked. Btc outperformed silver in the last 6 weeks

  • @BobRosselli
    @BobRosselli 5 месяцев назад +17

    Imagine trying to barter with a USB stick if the power grid fails

    • @XlGreedlX
      @XlGreedlX 5 месяцев назад +8

      If the power grid fails you'll be trading ammo and beans friend 😂

    • @AustinKoleCarlisle
      @AustinKoleCarlisle 5 месяцев назад +5

      "I SWEAR I'm a crypto millionaire, trust me!"

    • @Kitten_Stomper
      @Kitten_Stomper 5 месяцев назад

      When did that last happen in your location and how long did it last?

    • @sheepman6291
      @sheepman6291 5 месяцев назад

      @@XlGreedlX Agreed.

    • @hopium777
      @hopium777 3 месяца назад

      power grid will fail…fiat will fail…crypto is the future. the old world must be cast down to usher in the new…one world government one world currency one international digital ledger

  • @Bluebird590
    @Bluebird590 5 месяцев назад +2

    Billionaire spent 50 million on physical gold and silver

  • @AnaSanchez-xk1qe
    @AnaSanchez-xk1qe 5 месяцев назад +2

    George Milling Stanley’s voice sounds just like anonymous bitcoin analyst Plan B 🤣

  • @pavithrap6354
    @pavithrap6354 5 месяцев назад +2

    Should can we buy right now or not

    • @sheepman6291
      @sheepman6291 5 месяцев назад

      If you're living in America, then yes gold will go up. It's just a matter of when. We are facing a possible recession. The 10-2-year yield has yet to un-invert. If you believe there is no recession, then be my guest and invest into gold right now. Remember that gold trades like a currency.

  • @CruzXz
    @CruzXz 5 месяцев назад +2

    Amid world uncertainty gold price will surge

    • @MOBARICDOMETI
      @MOBARICDOMETI 5 месяцев назад

      Trend has been bullish 🐂 on the monthly time frame

  • @HariharanKrishnamoorthy-b7o
    @HariharanKrishnamoorthy-b7o 5 месяцев назад

    GOLD IS USELESS NOT GIVE MORE RETURNS

  • @vapeking466
    @vapeking466 5 месяцев назад +3

    Most fiduciary's say you should put 10% of your assets in precious metals. They say this is because it's not really a good investment but it is good for diversification. This maybe different for those without long term portfolios.

  • @season3og422
    @season3og422 5 месяцев назад

    The Top is in

  • @MENSA.lady2
    @MENSA.lady2 5 месяцев назад

    Today April 10th, Gold hit a new all time high on the London market at $2346 and shows no signs of going down. No doubt some speculators will take there profits but that about all.

  • @Tsunseyu
    @Tsunseyu 5 месяцев назад

    “What is impressive to me is that this has happened against a back drop of a declining dollar” I mean… Freudian slip much lol

  • @marialangley5528
    @marialangley5528 5 месяцев назад +1

    Etf not etc

  • @Scorch428
    @Scorch428 5 месяцев назад +1

    why buy gold when you can make 5x as much in Bitcoin?

    • @luap2551
      @luap2551 5 месяцев назад +1

      Bitcoin is in speculation phase and many people cannot take drawdowns of 50-80% - Gold is not an investment or speculation , it is insurance - Much like a savings account in a currency that cannot be printed (debased) - People like to compare the two, but they are very different assets that can be compared on the fringes - Bitcoin on the blockchain is a technology invention - I hold both but for different reasons

    • @Custodian123
      @Custodian123 5 месяцев назад

      Because some people want an established store of wealth 😂.
      1+1 = 2 mate. There are people who are very nervous right now. Looking to protect wealth, not make money.

    • @father88888
      @father88888 5 месяцев назад

      if u cannot hold btc, u dont own it

  • @erickanter
    @erickanter 5 месяцев назад

    No reason to cut rates this year. The fed gaslighting.

  • @TomTom-zv7ci
    @TomTom-zv7ci 5 месяцев назад

    This guy works for blackrock

  • @sheepman6291
    @sheepman6291 5 месяцев назад +2

    I'm confident Gold has the potential to add 1-2K per an oz. Easy.

  • @Custodian123
    @Custodian123 5 месяцев назад

    The price behaviour is impressive 😂. Gold miners keep looking better and better.

  • @TheTexashammer24
    @TheTexashammer24 5 месяцев назад

    Well, it hit 2400

  • @russelltate1394
    @russelltate1394 5 месяцев назад

    BTC & Gold

  • @marialangley5528
    @marialangley5528 5 месяцев назад +2

    Lol why would you want a gold etc when the dollar is going to loose value. Pointless. Wake up. Crypto col

    • @erickanter
      @erickanter 5 месяцев назад +1

      That is the whole point of gold. Get educated.

  • @benonicommodore4002
    @benonicommodore4002 5 месяцев назад +3

    Buy Much More GOLD 🥇🥇

  • @alexg5460
    @alexg5460 5 месяцев назад

    Bitcoin doesn’t have diminishing supply!!! Ethereum does!!!