Gold Price Forecast: Strong investment demand will be critical to the direction of XAU/USD in H2 – ANZ
Source Fxstreet
Investment demand for Gold has not been moving in tandem with prices for more than a year. Strategic investment inflows will be crucial for the Gold price, economists at ANZ Bank say.
A less crowded investment in Gold presents significant upside potential
Record highs of equity markets, along with heightened geopolitical tension, will encourage investors to add Gold to portfolios.
In our view, a less crowded investment in Gold presents significant upside potential as this leaves more room for increasing Gold holdings.
We estimate investment demand to shoulder nearly 460t of Gold to keep the market balanced in 2024.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Iran Situation Rekindles Threat of War. Bitcoin Price Decline Accelerates, $75,000 Geopolitical Defense Line Faces TestU.S.-Israel discussions on resuming strikes against Iran trigger an accelerated Bitcoin price pullback; future gains depend on whether the $75,000 support level holds.On May 18, the poten
U.S.-Israel discussions on resuming strikes against Iran trigger an accelerated Bitcoin price pullback; future gains depend on whether the $75,000 support level holds.On May 18, the poten
The EUR/USD pair trades in negative territory around 1.1615 during the early Asian session on Monday. The Euro (EUR) extends the decline as the prolonged US-Iran conflict weighs on the riskier assets.
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookGet a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Get a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Bitcoin Weekly Forecast: Is the month-long rally over?Bitcoin (BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday.
Bitcoin (BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday.
Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
Related Instrument
