Goldman’s new gold target: Why the Wall Street bank is saying it’s early to buy the yellow metal
Strategists at the investment bank said the change in expectations is down to the Federal Reserve’s hawkish shift. Source：MarketWatch
As Nvidia’s stock heads for a bear market, bargain hunters see a golden buying opportunity
Portfolio managers say chip demand should be resilient even in a period of political uncertainty. Source：MarketWatch
The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep
Corporate decision makers may decide to accelerate their plans to expand compute capacity and take advantage of the status quo rather than risk a new…
How oil prices could average $130 per barrel next year, according to Goldman Sachs
Analysts at the investment bank said Brent crude could reach $140 a barrel next year if tensions worsen in the Middle East. Source：MarketWatch
Why gold plunged to its lowest price in a year despite renewed Iran jitters
Safehaven gold fell to its lowest price in a year, despite jitters around the potential for fresh Middle East attacks following the U.S. midterm elections on…
Microsoft is winning the cloud wars and becoming Wall Street’s new golden child
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say. Source：MarketWatch
Bitcoin risks worst October in 12 years as tech sell-off spreads to gold
Bitcoin circled $77,000 as crypto markets navigated US stockmarket downside, while the gold price fell to its lowest in a year. Source：Cointelegraph
Will gold’s ‘infinite mint bug’ make Bitcoin more valuable?
A US fusion startup says it has turned mercury into gold. Could a potential increase in the gold supply strengthen Bitcoin’s claim to be a better form of…
The AI boom is starting to break time-tested stock-market signals
The relationship between gold and platinum used to be a reliable stockmarket signal. Has artificialintelligence spending caused it to shortcircuit? Meanwhile,…
What gold and platinum are telling us about the stock market’s direction
The goldplatinum ratio has one of the best historical records predicting the stock market’s subsequent 12month return Source：MarketWatch
The Kospi index is the leading indicator for the global AI trade — and Goldman just slashed its forecast by 25%
A reduction in the growth multiple that investors are prepared to pay for AI stocks and a rise in volatility has forced Goldman strategist Tim Moe to take an…
Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting
Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%. Source：CoinDesk