Gold Price Forecast: Monetary policy likely to switch to an easing bias, a boon for XAU/USD – ANZ
Source Fxstreet
Gold (XAU/USD) has rallied above $2,100. Strategists at ANZ Bank analyze the yellow metal’s outlook.
Investor demand rises
Gold flirted with a record high, surging above $2,100, as investors continued to pour into the safe haven asset. The uncertain economic backdrop, combined with geopolitical risks has seen investor demand rise. This comes as monetary policy likely switches to an easing bias, a boon for non-yielding assets such as Gold.
Robust buying is emerging in the physical market, with inflows into the Gold-backed SPDR Gold Share ETF rising for the first time in nine trading sessions.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
As of the Asian session on July 30, gold prices ( XAUUSD) surged and then retraced following the Federal Reserve meeting, once falling to $4,028.62 during the session. From a market persp
Related Instrument
