• Gold Price Forecast: XAU/USD seen at $1,620 by year-end – ANZ

Noticias del mercado

27 septiembre 2022

Gold Price Forecast: XAU/USD seen at $1,620 by year-end – ANZ

Rising real rates and strong US dollar are crimping investment demand for gold. Strategists at ANZ Bank expect the yellow metal to hover around $1,620 by the end of the year.

Macroeconomic backdrop for gold remains challenging

“In the short-term, a combination of rising yields and strong USD will tarnish investment demand for gold.”

“With the US Fed continuing on its aggressive tightening path, we expect more outflows from gold ETFs, and further price downside to $1,620 by the end of the year.”

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: