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Gold reaches historic high – $2700!

Gold reaches historic high – $2700!Gold prices (XAUUSD) have reached a new all-time high, surpassing $2700 per ounce for the first time in history! The yellow metal, which has been rising for nine consecutive months, received fresh momentum in September from the Fed’s rate cut. Silver (XAGUSD) hasn’t been left behind either, and is currently trading at highs not seen since 2012. Prices are now around $32.30 per ounce, with silver’s growth this year increasing to 35%!

On November 21, 2023, we first alerted traders to the immense potential of precious metals. Less than a year has passed, and the returns since our forecast have reached 36%! After reaching yet another historical high, gold shows no signs of slowing down.

Gold reaches historic high – $2700!

Factors driving precious metal price growth and expert opinions:

  • Major purchases by central banks: Gold prices are rising due to significant metal purchases by central banks, increasing its value.
  • Geopolitical instability: Escalating geopolitical instability, particularly in the Middle East, is driving demand for metals as safe-haven assets. Ongoing conflicts in various regions also contribute to rising gold and silver prices.
  • Expectations of a Fed rate cut: Investors are anticipating a possible interest rate cut by the U.S. Federal Reserve, making metals more attractive as investment tools. According to CME data, the probability of a rate cut at the upcoming Fed meeting on November 7 stands at 92.3%, increasing the appeal of precious metals as investments.
  • Growth forecasts: Analysts predict that gold prices could reach $2850 per ounce by the end of the year and $3100 in the long term.
  • Projections by major financial institutions: ING and other financial organizations expect gold prices to peak in the fourth quarter of this year, with potential prices reaching up to $2900 per ounce by mid-2025.

Read quality analytics and profit with us!

We offer the chance to trade over 13 contracts on precious metals with a favorable leverage of 1:1000!

Buy gold and silver till it's too late

Also in celebration of our anniversary, we’ve launched a special challenge where you can earn Freshirecoin – our internal currency that later can be exchanged for real funds. Don’t miss out!

Edited by Volkov Yuriy
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MetaShireTrading Challenge has begun!

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Our exciting challenge starts today, where each day you can complete tasks and earn Freshirecoins (FSC) — a unique internal currency that you can exchange for real funds at the end of the contest!

How does it work?

  • Complete the daily tasks: Every day, a new task will appear in your Client Area. Once you complete it, you will immediately receive Freshirecoins (FSC) in your balance. Tasks vary in difficulty and type: from learning activities to trading participation and inviting friends.
  • Accumulate Freshirecoins (FSC): For every completed task, you earn Freshirecoins (FSC). The amount of coins depends on the task. The more tasks you complete, the higher your final balance will be.
  • Convert Freshirecoins (FSC) into real funds: At the end of the challenge, you can exchange your accumulated coins for real funds. The exchange rate depends entirely on your activity and the number of participants you invite. The more active you are, the higher the exchange rate!
  • Increase your exchange rate: With every new participant you invite, the conversion rate increases. This means you can earn even more by inviting friends to join. Share your unique referral link and watch your earning potential grow!

 

The guaranteed grand prize for the first place is a Shire horse or its equivalent in your account’s currency! Take part in the contest and become a winner!

Start earning today: Open a partner account, invite friends, and start receiving real funds even before the competition ends! The more actively you participate, the greater your chances of winning.

Join right now and begin your journey to success!

Join the challenge

Thank you for staying with us, and let’s make this event a success together as we celebrate our 20th anniversary in grand style!

Edited by Volkov Yuriy
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