ANZ: Geopolitical, economic, and fiscal uncertainties leave room for further gold price increases
Jinse Finance reported that ANZ analysts wrote that gold prices have reached new highs as investors bet that the Federal Reserve will continue to cut interest rates. Increasing trade tensions have boosted the safe-haven demand for gold. In the context of geopolitical, economic, and fiscal uncertainties, gold still has room to rise. ANZ analysts predict that gold prices will peak at $4,600 per ounce by mid-2026. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative 50 basis point cut by March is 8.1%.
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