- Gold Price Forecast: XAU/USD to average above $2,000 over 2024 – ANZ
Market news
18 tháng 1 2024
Gold Price Forecast: XAU/USD to average above $2,000 over 2024 – ANZ
Gold (XAU/USD) is likely to benefit from the transition from tightening to easing, with sustained macroeconomic and geopolitical uncertainties in 2024, analysts at ANZ Bank say.
Time to shine
Gold is set to benefit from easing monetary policy, elevated geopolitical risks and strong central bank buying.
Given the low investor allocation to the sector, any rebound in investment demand will be a powerful tailwind.
We expect Gold prices to average above $2,000 over 2024.
See – Gold Price Forecast: XAU/USD likely to see data-driven volatility as $2,200 Q2 target is in sight – TDS
Market Focus
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 disclaimerOpen Demo Account & Personal Page