Gold Price Forecast: XAU/USD to rise towards $2,200 by year-end – ANZ
Source Fxstreet
Over the past six months, Gold prices have risen over 3%. Economists at ANZ Bank analyze the yellow metal’s outlook.
Gold’s recent price consolidation is likely to extend till the end of Q1
Gold’s recent price consolidation is likely to extend till the end of the first quarter. However, we expect the price to rise towards $2,200 by year-end.
Upcoming elections and prospective rate cuts will support Gold investment.
See – Gold Price Forecast: Fed policy will remain key to the outlook for XAU/USD in the months ahead – ING
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The Euro extended its gains for the second straight day against the Japanese Yen and is up by 0.22% as the EUR/JPY trades at 162.47 late during the North American session.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver Price Forecasts: XAG/USD drops below $75.00 after Trump - Zelenkyy’s meeting Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
The USD/JPY pair builds on its goodish recovery from the 160.50-160.45 region, or over a two-week low touched on Friday, and gains strong follow-through traction for the second straight day on Monday.
Gold price (XAU/USD) is down 0.8% to near $4,140 during the European trading session on Monday. The precious metal faces selling pressure as the three-day rally hits a pause after failing to extend above $4,202.
Related Instrument
