Jarden Research forecast earnings before interest, taxes, depreciation, and amortization margins of over 50% for most Australian gold producers, a potential signal that spot prices are unsustainably high, according to a Tuesday report.
It upgraded its short-term price estimate for gold to $3,100 per ounce from $2,700 per ounce.
Gold has proven to be a potential relative safe haven during the current turbulence in global trade flows.
Its medium-term gold forecast rose to $2,774 per ounce for the fiscal year ending June 30, to $2,800 per ounce for the fiscal year 2026.
It forecasts gold prices to reach $2,500 per ounce for the fiscal year 2027, and $2,400 per ounce for the fiscal year 2028.
Its long-term real price forecast increased by 10% to $2,200 per ounce.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。