Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
    2021
    Best News & Analysis Provider
    FxDailyInfo
    2022
    Best Forex Educational Resources Global
    International Business Magazine

    Gold Price Forecast: XAU/USD year-end forecast upgraded to $2,300 from $2,200 – ANZ

    Source Fxstreet
    Mar 15, 2024 11:47

    Gold price has been scaling new highs in March. Economists at ANZ Bank analyze the yellow metal’s outlook.

    Lifting the baseline of the Gold price range

    While we continue to hold our long-term positive view, a retracement looks likely in the short term. A price pull-back is an opportunity to build long positions. 

    As the recent rise requires a lift of the price baseline, we upgrade our year-end forecast to $2,300 from $2,200.

    See – Gold Price Forecast: XAU/USD well positioned to hit $2,250 Q2 target – TDS

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
    placeholder
    WTI churns close to $82.00 as Crude Oil tries to stop the slideIran eased off the gas pedal on Monday, stating that it will not retaliate further against Israel following a back-and-forth scuffle between the two countries that sent global energy markets spiraling in recent weeks as fears of a widening Middle East conflict widened.
    Source  Fxstreet
    Iran eased off the gas pedal on Monday, stating that it will not retaliate further against Israel following a back-and-forth scuffle between the two countries that sent global energy markets spiraling in recent weeks as fears of a widening Middle East conflict widened.
    placeholder
    WTI find support near $85, geopolitical tensions keep Oil demand intactWest Texas Intermediate (WTI), futures on NYMEX, remain supported near $85.00 ahead of the United States Consumer Price Index (CPI) data, which will be published at 12:30 GMT.
    Source  Fxstreet
    West Texas Intermediate (WTI), futures on NYMEX, remain supported near $85.00 ahead of the United States Consumer Price Index (CPI) data, which will be published at 12:30 GMT.
    placeholder
    Gold Price Forecast: XAU/USD flirts with record highs above $2,230, all eyes on US PCE dataGold price (XAU/USD) flirts with record highs around $2,230 during the Asian session on Friday.
    Source  Fxstreet
    Gold price (XAU/USD) flirts with record highs around $2,230 during the Asian session on Friday.
    goTop
    quote