The precious metal price increase responds to your paper as a “shelter” for investors, that seek to ensure their assets in assets that manage to overcome the changes and uncertainty that, in this case, move the markets, such as Trump’s commercial policy.
Considered a Active refuge in times of uncertaintygold accumulates a gain superior to 12% so far this year. “The level of $ 3,000 It seems to be exercising a magnetic effect on the market, and although in technical terms it seems overcomparedeverything indicates that it will break that barrier, “said the independent analyst Ross Norman.
Record gold: project that the price could reach $ 3,500
Macquarie Group analysts anticipate that gold could reach a Historical maximum of $ 3,500 ounce during the third quarter of 2025. This prognosis is based on the growing attraction of gold as a safe refuge amid geopolitical and economic uncertainties. According to a note led by Marcus Garvey, the ingot could average US $ S3.150 the ounce in that period.
Macquarie points out that a possible increase in American deficit and the worsening of budgetary perspectives could increase inflation, benefiting gold as coverage. Analysts emphasize that the strength of gold is due to the provision of investors and official entities to be paid for their lack of credit or counterpart risk.
In addition, there is a wide margin so that the bags quoted in the stock market backed by bullion increase their holdings. The physical market of gold, which includes jewelry, ingots, coins and technology, also remains firm despite high prices.
Other institutions, such as Goldman Sachs and Citigroupthey have also raised their projections for gold, with objectives of $ 3,100 and $ 3,000 the ounce, respectively.
Gold in Argentina
In Argentina, where gold production has been decreasing in recent years, this increase in the price has a positive impact on the value of exports. Gold represents more than half of the total metal minerals exported by the country, which opens new opportunities for those investors seeking refuge in traditional assets in volatility times.
Despite the decrease in the production of some deposits, the Argentine mining sector continues to benefit from the rise in international gold and silver prices. Gold is maintained as the main mining export in the country, with an approximate annual export value of US $ 3.141 million, representing 68%of external sales in the sector, followed by La Plata (14%) and lithium (13.6%).
The United States, Mexico and Canada (members of the USMCA block) have consolidated as the main destinations of these exports, followed by Switzerland, Mercosur, India and China countries. However, the Secretary of Mining, Luis Lucero, stressed that high concentration in few markets generates considerable dependence on the global economic situation, so diversifying export destinations is essential for the development of the sector.
Currently, in Argentina there are 25 projects in an advanced exploration phase, with an estimated investment of US $ 28 billion for its development and production. Among the most prominent projects are the Veladero mine in San Juan (the largest in the country, operated by Barrick Gold), under the aluminum in Catamarca, boundary in Salta, and others important in Hualilán, Lama, Taguas, Del Carmen, Don Julio (San Juan), El Dorado-Monserrat, La Josefina, Las Calandria (Santa Cruz) and Calcatreu (Río Negro).
Roberto Cacciola, president of the Argentine Chamber of Mining Companies (CAEM), has indicated that, although production has backed down, Gold continues to be the main engine of mining exports in the country, representing on average 45% of the exploratory budget in the last decade. Likewise, the industry provides for sustained growth promoted by new projects favored by the incentive regime to large investments (Rigi).
How to invest in gold from Argentina
Purchase of physical gold
- Coins and bullion: It is possible to acquire gold currencies (such as the Krugerrand or the American Eagle) and bullion through jewelry, authorized banks and specialized exchange houses. Investment in physical gold can offer coverage against inflation and devaluation, but implies storage and safety costs.
- Jewelry and specialized houses: In the country, some recognized jewelers or exchange houses sell linges or certified gold coins. It is important to verify the purity of gold and the seller’s reputation to ensure the authenticity of the metal.
CEDEARS: MINING COMPANIES ACTIONS
- Investing in shares of mining companies that extract gold is another option. Many of these companies quote on international stock markets, but it is possible to access them from Argentina through accounts in international brokers or through CEDEARS (Argentine deposit certificates)that replicate the price of foreign actions.
- Yields: CEDEARS allow Argentine investors to access shares of mining companies that are traded in global markets. Companies like Barrick Gold, Newmont Corporation and Franco-Nevada They are available in this format.
ETFs (quoted funds) about gold
The ETFs (Exchange Traded Funds) allow investors to follow the price of gold without buying the metal directly. They are funds that are quoted in international bags and replicate the performance of gold or a basket of shares of mining companies. To access these ETFs, it is necessary to have an account in an international broker that allows to operate in foreign markets.
Some examples of ETFs about gold are:
- SPDR Gold Shares (GLD): One of the most popular ETFs that follows the price of gold.
- Ishares Gold Trust (IAU): Another important fund that follows the price of gold.
- Vaneck Vectors Gold Miners ETF (GDX): ETF that follows the performance of gold mining companies.
International Brokers Accounts
For more experienced investors, open an account in a International broker It allows access to global markets where they can operate with physical gold, gold futures, ETFs or actions of mining companies.
- Brokers like Interactive Brokers, Ameritrade TDeither E*Trade They allow to buy and sell these assets from Argentina, although there may be additional restrictions and costs to operate abroad.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
