Summary
This prediction is currently active. The BUY prediction by CashGlitch40 for Gold is nearly unchanged. This prediction currently runs until 23.08.24. The prediction end date can be changed by CashGlitch40 at any time. CashGlitch40 has 50% into this predictionAs an investment,
Gold is considered a safe haven asset by many investors. Its value is not tied to any specific currency, it has limited supply and high demand, and it has a history of maintaining its value over time. This makes it attractive for investors who want to diversify their portfolios and reduce their exposure to market volatility.
As a speculative opportunity,
Gold can be traded on commodity markets in the form of futures and options contracts. This allows traders to profit from fluctuations in gold prices without ever owning the physical metal. Speculators look for patterns in gold price movements, closely monitor global economic events, and use technical analysis to make bets on the direction of gold prices.
Performance without dividends (%)
| Name | 1w |
|---|---|
| Gold | -0.64% |
| iShares Core DAX® | -0.612% |
| iShares Nasdaq 100 | -3.018% |
| iShares Nikkei 225® | -2.647% |
| iShares S&P 500 | -1.932% |