Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
Mon, Nov 18, 2024 11:55 AM

Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25

A Flip by Avya Verma
Get it on Google Play
Gold will rally to a record $3,000 an ounce by December 2025, driven by central-bank buying and US interest rate cuts, according to Goldman Sachs. The analysts cite increased demand from central banks and cyclical lifts from ETF flows as drivers, with potential boosts from trade tensions and US fiscal sustainability concerns.

More great flips

BARC India Profit Takes a Hit

BARC India Profit Takes a Hit

According to regulatory filings, the official TV audience measuring organisation in India, the Broadcast Audience Research Council (BARC), recorded a 44% decline in earnings after tax year 2023–2024, to Rs 20 crore. Revenue dropped from Rs 321 crore in the previous fiscal year to Rs 319 crore, a slight 0.6% decrease. Seventy-five percent of BARC’s revenue comes from broadcasters only.

Open Flip
Missed BTC Rally to $93K? Bitcoin Memecoins Could Be Next to Watch

Missed BTC Rally to $93K? Bitcoin Memecoins Could Be Next to Watch

📌Memecoins like PUPS, DOG•GO•TO•THE•MOON, and BILLION•DOLLAR•CAT are becoming popular beta bets for Bitcoin's growth. 📌The Runes protocol, which facilitates the creation of fungible tokens directly on Bitcoin using its UTXO model, has overtaken BRC-20 in market capitalization. 📌Memecoins serve as a speculative asset during times of low volatility in other crypto sectors.

Open Flip
Odysse to Supply 40K EVs to Zypp

Odysse to Supply 40K EVs to Zypp

As part of an investment agreement, city-based electric two-wheeler manufacturer Odysse Electric announced Monday that it has received an order for 40,000 vehicles from EV-as-a-Service platform Zypp Electric. The investment will accelerate nationwide growth, driven by strong B2B and consumer demand for electric vehicles.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon