Gold Stocks: Could They Surge to All-Time Highs?

From Investing.com: 2025-01-07 11:59:00

Bank analysts are projecting a modest upside for the year, with most targeting the $2700 to $2800 zone for gold. Mike Haigh from SoGen bank forecasts a move to $2900 due to Trump’s election win and geopolitical uncertainty. A range trade for gold could benefit miners and bullion, with potential 20% surges. The US government’s debt and de-dollarization are key factors, with a potential loss of control leading to increased focus on gold. Gold charts show bullish signals, with silver and mining stocks offering big profit potential. The CDNX index is set to breakout, signaling a major bull run for junior miners. Silver is expected to surge to $35, while GDX shows a bullish pattern and potential rally to $43.



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