Gold Price Forecast: XAU/USD to trade towards $2,300 by the end of 2024 – ANZ
Source Fxstreet
Mar 28, 2024 14:29
Gold prices have been scaling new highs in March. Economists at ANZ Bank analyze the yellow metal’s outlook.
A retracement looks likely in the short term
While we continue to hold our long-term positive view, a retracement looks likely in the short term. A price pull-back is an opportunity to build long positions.
We expect Gold to trade towards $2,300 by the end of 2024.
See – Gold Price Forecast: Push back in rate cut expectations from March to June may cap XAU/USD rally – ANZ
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
Gold prices fell in India on Tuesday, according to data from India's Multi Commodity Exchange (MCX).
Related Instrument