GOLD - XAU Review Performance Snapshot

[Forum Admin]

Performance Snapshot:

GOLD

XAU

Over Time
1-Year Change
+36.39%

5-Year Growth
+92.88%

Gold Deep Dive

Here are some intriguing facts you might not know about Gold:

 Gold has held value for over 5,000 years, making it one of the most stable assets in history.
 
 Over 50% of all mined gold is used as jewelry, so global gold prices are highly influenced by consumer demand and cultural trends, especially in countries like India and China.
 
 Gold is used in tech, medicine, and aerospace, proving valuable beyond investing.

 

Did you know?

 Inflation Shield - Gold is often seen as a haven during economic downturns.
 
 Global Demand - Gold is always in demand worldwide, from jewelry to central bank reserves.
 
 Limited Supply - Unlike fiat currencies, gold cannot be printed, making it a finite asset.

 

 Keep an eye on Gold and explore new opportunities!

[Forum Admin]

Gold Hits Record-High on Rate-Cut Bets. Are You Trading?

 
Gold just broke above its previous peak, touching a new all-time high of $3,547/oz, up 35% YTD. This surge comes as traders price in an almost 89% chance (FedWatch) of a Fed rate cut in September, with expectations for more easing before year-end.

Here’s what’s driving sentiment:

Fed policy outlook: Powell signalled rate cuts at Jackson Hole, citing risks from a weakening jobs market and slowing growth despite tariff pressures.

Technical breakout: The move through $3,440 confirmed a three-month consolidation breakout, turning old resistance into support.

Safe-haven demand: Ongoing geopolitical tensions continue to add fuel to the rally.

What’s next?
 
Friday’s US jobs data (Nonfarm Payrolls) could decide gold’s trajectory. Either way, volatility is expected.
Whether you see continuation or a pullback, the MultiBank Group gives you ultra-tight spreads, as low as 2 cents on gold, leverage up to 500:1, and advanced tools to trade the momentum. Position yourself before the run.
 

Read MultiBank Broker Review