American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Will Rhind: Gold Stands Out in 2024, 3 Factors Moving in its Favor

by admin March 14, 2024
March 14, 2024
Will Rhind: Gold Stands Out in 2024, 3 Factors Moving in its Favor

Will Rhind, CEO of GraniteShares, discussed his 2024 outlook for gold, sharing three factors working in its favor.

‘And then lastly, the geopolitical tensions don’t seem like they’re really willing to go away quickly, and therefore will keep some tension in the market and again some interest in gold as a defensive asset.’

Aside from that, Rhind pointed to the amount of cash currently sitting on the sidelines, noting that investors can still get good returns on the money they have in the bank. However, if that starts to change they could start moving toward gold.

When asked where he sees the most opportunity in 2024, Rhind said artificial intelligence (AI) is clearly the zeitgeist.

‘I think that will endure — AI is I think the seminal theme not just of last year and this year, but I think of years to come. So the technology market has prospered in this environment for good reason,’ he commented.

At the same time, gold’s fundamentals remain positive. ‘Gold to me still stands out as being that precious metal that will get the most traction, will get the most attention and probably perform the best this year,’ Rhind said.

Watch the interview above for more of his thoughts on gold, as well as platinum and silver.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Europe’s Push For EV Rides The Way For The Future
next post
Gunmen who kidnapped 287 school children in Nigeria say they will kill them all if $622,000 ransom not paid

Related Posts

Adrian Day: “Extremely Rare” Gold Stock Opportunity Won’t...

July 19, 2024

USD/ZAR analysis: megaphone pattern points to rand crash...

February 27, 2025

GTI Energy Ltd (ASX: GTR) – Trading Halt

June 17, 2024

USD/CHF and EUR/CHF: Here’s why the Swiss franc...

September 13, 2024

Nio stock price analysis: is this fallen angel...

October 30, 2024

USD/INR forms a small double-top: Is the rupee...

January 31, 2025

Here’s why DeepBook, Dogecoin, Shiba Inu, Cardano, and...

April 23, 2025

Notice of Annual General Meeting/Proxy Form

May 3, 2024

USD/BRL is falling: is this the end of...

January 10, 2025

Top crypto price predictions: Mantra, Onyxcoin, and IOTA

April 17, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs

      June 22, 2025
    • Japan’s rice price surge: what’s driving it and why it could spark a political crisis

      June 22, 2025
    • BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks

      June 22, 2025
    • Palantir co-founder: US must prevent Iranian nukes

      June 22, 2025
    • Fed governor Waller advocates for July rate cut amid tariff, labor market outlook

      June 21, 2025

    Categories

    • Business (3,189)
    • Investing (2,528)
    • Latest News (2,000)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved