πππIn the midst of market volatility due to the new policies of the Trump Administration, it is not surprising that Gold is the new paradigm of safety. I am so happy that my investment in $iShares Gold Trust(IAU)$ has been on a upward momentum as a safe haven amid this volatility.
Young People Buy Gold on Credit! Has Gold Rally Peaked?
Amid a booming trading environment in the Chinese market, more people believe that the uptrend might still continue. Goldman Sachs predicts that gold prices could reach $4,000 per ounce by mid-2026.
In China, social media has been flooded with posts, with some users claiming they plan to invest their life savings in gold or even take out loans to chase higher prices.
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As media and public attention toward gold continues to heat up, does this mean that gold has already peaked? What is your target price for gold? Is it too crazy for young people to take out loans to buy gold?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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