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
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Gold price (XAU/USD) loses ground after registering gains in the previous day, trading around $4,050 per troy ounce during the Asian hours on Tuesday.
Oil prices remain depressed on Tuesday, as hopes of a new round of peace talks between the US and Iran boosted hopes of a de-escalation of the Middle East conflict.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – gains strong positive traction during the Asian session on Wednesday, snapping a three-day losing streak to an over two-week low touched the previous day.
Related Instrument
