[ETF Daily News]( November 6th, 2023 SPONSORED AD
[The Secret of Infinite Momentum]( What if there was a way to only buy stocks that are going up? Adam O'Dell has found a way. After investing $5 million, his AI-driven Infinite Momentum system has proven across 24 years of data that it has the power to beat the market by 300-to-1. Now we want you to access it. [Click here for full details...]( [3 Solid Precious Metals ETFs to Diversify Your Investments]( Gold prices have surged over the past month due to the volatilities triggered by increased interest rates, soaring debt levels, and escalating geopolitical turmoil in the Middle East induced by the ongoing Israel-Hamas conflict. This situation has propelled a heightened demand for the precious metal as investors seek refuge in its value amid uncertainties. Experts retain an optimistic stance on gold price prognosis, reflecting the traditional confidence in goldâs enduring stability and capacity to retain long-term value during financial uncertainty. Therefore, it could be wise to invest in solid precious metals ETFs SPDR Gold MiniShares ([GLDM]( – [Get Rating]( iShares Gold Trust ([IAU]( – [Get Rating]( and SPDR Gold Shares ([GLD]( – [Get Rating](. The gold price has risen about 8% since the end of September 2023 and recently [surpassed the $2,000 per ounce mark]( for the second time this year. The onset of the Israel-Hamas conflict heightened investor anxieties over its potential impacts. A pronounced escalation in gold demand, often touted as a âsafe-havenâ asset, was observed. World Bank analysts predict that this discord could further elevate the already high gold prices, projecting an average [increase of 6% in 2024]( amounting to $1,900 per ounce. Investor anxieties extend beyond global conflicts, with fiscal uncertainty in the U.S. drawing increasing concern. With [national debt reaching an unprecedented high]( of over $33 trillion, speculation over high-interest rates and more potential rate hikes to control inflation compounds these worries. Historically, gold prices have declined due to rising interest rates as investors generally favor interest-bearing assets that can generate greater yields. Currently, however, with treasury yields rising due to fiscal unpredictability, investors are leaning toward the yellow metal. This choice is aided by the fact that gold, unlike stocks, corporate bonds, or government debt, holds no risk of default by its issuers. Several investment banks retain a [positive outlook for gold prices](. JPMorgan Chase & Co. projects an escalation from $2,000 per ounce in 2023 to $2,175 per ounce next year. Similarly, Goldman Sachs carries a favorable forecast into the following year, predicting gold prices will reach up to $2,133 per ounce in 2024. Considering these conducive trends, letâs take a look… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 ETF Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019