Gold Soars: Should Investors Chase?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Source: NASDAQ.COM
Gold's Recent Performance: Gold has regained its status as a safe-haven asset amid economic uncertainty, trade wars, and underperformance of equities, showing a year-to-date increase of over 28%, significantly outperforming the S&P 500 Index.
Investment Caution: Despite gold's recent success, technical indicators suggest that investors should be cautious about chasing gold at current levels, as it is 25% above its 200-day moving average and approaching a significant Fibonacci target, indicating a potential pause in price movement.
Analyst Views on SLV
Wall Street analysts forecast SLV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 83.960
Low
Averages
High
Current: 83.960
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
