Reported 1 day ago
ANZ has increased its gold price forecast to $3,200 per ounce for the next six months, driven by investor demand amid economic uncertainty from U.S. tariff policies. Gold prices recently surpassed $3,000, reflecting a 14% increase this year, as geopolitical tensions and strong central bank buying contribute to a bullish outlook. The bank also commented on the impact of import tariffs on market liquidity and noted that while silver prices may remain volatile, industrial demand is expected to hold up.
Source: YAHOO