Gold Price Forecast: Further XAU/USD recovery likely to be delayed – Commerzbank
Source Fxstreet
Gold (XAU/USD) has put the previous week's setback behind it and established itself above $2,000. Economists at Commerzbank analyze the yellow metal’s outlook.
XAU/USD year-end forecast lowered by $50 to $2,100
The fact that the US Federal Reserve will probably not cut interest rates until later in the year was quickly shrugged off: after all, postponed is not cancelled.
Nevertheless, our new forecast, according to which the US economy will avoid a recession and the Fed will cut interest rates later and less sharply, is likely to have consequences for the Gold price.
The rise in the Gold price that we expect will be delayed and less pronounced than previously thought. We are therefore lowering our XAU/USD forecast for the end of the year by $50 to $2,100.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Yen Exchange Rate’s Shock Jump. Dropping 200 Pips Near 160 Level, BOJ’s Inaction Hides a Mystery, Buy the Dip or Seek Safety?The 'rollercoaster' Yen has once again become the focus of the foreign exchange market! On January 23, USD/JPY experienced a series of 'rollercoaster' short-term movements, plunging nearl
The 'rollercoaster' Yen has once again become the focus of the foreign exchange market! On January 23, USD/JPY experienced a series of 'rollercoaster' short-term movements, plunging nearl
The AUD/JPY cross retreats nearly 130 pips from the highest level since July 2024, around the 109.00 mark touched earlier this Friday, though the pullback lacks follow-through.
Where crypto market structure bill stands nowThe digital assets market stands still while US lawmakers are moving closer to a committee vote on a crypto structure bill. However, reports suggest that there are deep political divisions that still remain, and bipartisan support looks uncertain. The industry leaders have also shared their separate views on the bill. On one hand, Brian Armstrong, […]
The digital assets market stands still while US lawmakers are moving closer to a committee vote on a crypto structure bill. However, reports suggest that there are deep political divisions that still remain, and bipartisan support looks uncertain. The industry leaders have also shared their separate views on the bill. On one hand, Brian Armstrong, […]
Top 3 Price Forecast: BTC Shows Early Stabilization; ETH and XRP Still Look HeavyBTC trades near $89,900 after holding $87,787 support and eyeing the $91,942 50-day EMA, while ETH (~$2,964) remains capped below $3,017 and XRP (~$1.91) keeps downside risk toward $1.77 after failing to reclaim key levels.
BTC trades near $89,900 after holding $87,787 support and eyeing the $91,942 50-day EMA, while ETH (~$2,964) remains capped below $3,017 and XRP (~$1.91) keeps downside risk toward $1.77 after failing to reclaim key levels.
Bitcoin's two-year-plus long-term holders set a new record in sales during 2024 and 2025, differentiating this bull market from previous ones and signaling a potential shift in investor strategy.
Related Instrument
