Reported 1 day ago
ANZ Group has raised its year-end gold price forecast to $3,800 per ounce, predicting a peak near $4,000 by next June due to robust investment demand. Factors contributing to this increase include a weak dollar, strong central bank buying, and geopolitical tensions. The bank also adjusted its silver price target to $44.7 per ounce, buoyed by gold's performance and strong ETF inflows.
Source: YAHOO