• Gold Price Forecast: XAU/USD set to hit fresh highs in 2024 – MUFG

Noticias del mercado

14 diciembre 2023

Gold Price Forecast: XAU/USD set to hit fresh highs in 2024 – MUFG

Gold has been on a roller-coaster ride in H2 2023, slumping in September before surging to a record earlier this month. Economists at MUFG Bank analyze the yellow metal’s outlook for 2024.

Priced for perfection

Higher rates are typically negative for noninterest bearing assets, and thus the starting point of rate cuts matters for Gold’s outlook.

Gold – our most structural bullish call for 2024 – is set to hit record levels on a trifecta of Fed cuts, supportive central bank demand and bullion’s role as the geopolitical hedge of last resort.

 

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: