Summary
This prediction ended on 24.04.21 with a price of €1,467.5. With a performance of -5.90%, the SELL prediction by OldOrangeEyes was trending in the right direction. OldOrangeEyes 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 | 1m | 1y | 3y |
|---|---|---|---|---|
| Gold | 0.442% | 0.442% | 21.666% | 50.961% |
| iShares Core DAX® | -1.670% | -1.001% | 10.864% | 12.563% |
| iShares Nasdaq 100 | -4.184% | -1.145% | 37.458% | 41.078% |
| iShares Nikkei 225® | -4.967% | -5.783% | 18.828% | 0.655% |
| iShares S&P 500 | -2.834% | -0.572% | 25.875% | 39.960% |
Comments by OldOrangeEyes for this prediction
In the thread Gold diskutieren
Sell Gold