"Videlti" see the possibility of reaching a gram of gold 4 thousand dollars next year

The price of gold could reach $ 4,000 per gram by the end of next year, with the Federal Reserve reducing interest rates to support the US economy, dollar drop and the ongoing central banks to increase their precious metal reserves, according to the Federation International. Multi asset funds, Ian Samson, said the company is still optimistic about gold, and notes that some multi -assets have recently increased its belongings with the price dropping from the highest standard level that was more than $ 3.500 per ounce in April. Samson added in an interview: “The logic behind it is that we have a clearer path to a federal backup board more likely to facilitate,”, adding that some funds have doubled their 5% allocations over the past year. He added that August is often a little weaker in the markets, so the increase in diversification is ‘logical’. Also read: Gold prices fall with the rise of the dollar amid anticipation of the ceasefire with China to a more facilitated monetary policy that promotes the rise of gold. Gold has risen by more than a quarter of its value this year, in light of the uncertainty around President Donald Trump’s aggressive efforts to form global trade, mid -east conflicts and Ukraine, and increase the central banks of their purchases, supporting the profits of the mineral. However, gold has been distributed in a narrow series over the past few months, with a slight decline in demand for safe ports, after making some progress with US commercial talks, which eliminated the fear of the worst scenarios of the global economy. Samson said, referring to Trump’s customs definitions. He added: “This is a somewhat significant tax increase, and it is expected to delay the economy.” The optimistic expectations of “Videlti” about gold are in line with the expectations of “Goldman Sachs”, which in recent seasons have defended the possibility of prices to eventually reach $ 4,000 an ounce. However, some other institutions are still careful, including Citigroup Inc. expecting poorer prices. The recent gold price was about $ 3,310. Federal Reserve officials will meet this week to determine monetary policy. Although there is no change in this meeting, Councilor Jerome Powell may face objections from officials who want to support the slow labor market, and it is possible that Governor Christopher Wald and the Vice President of the Council for Supervised Michel Bowman. The dollar and reserves support gold, Samsun said that the slowdown in the US economy is likely to strengthen the influence of the wrong camp to facilitate monetary policy, while the dollar tends to fall into poorer growth environments. He added that Powell, whose mandate is terminated as head of the Reserve next May, is likely to be replaced by a ‘more accepted’ person to lower borrowing costs, in light of Trump’s continued pressure to lower interest rates. Gold, which does not produce returns, usually utilizes the dollar and facilitating the monetary policy. In another context, Samsun said that global central banks are likely to continue to buy gold, while the growing financial older women, especially in the United States, will continue to improve the attractiveness of precious metal as a fixed asset. He said: “It is true that gold has come far, but if you look at the periods of the gold market, such as the period between 2001 and 2011, you will find that it achieved an average annual return by 20%.” He added: “From 2021 to today, gold has also achieved an average annual return by 20%. It does not appear to be very exaggerated in the context of the emerging market.”