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TechFlow, Dec 16 — ANZ Bank said that under scenarios of deteriorating global growth prospects, resurging trade tensions, impaired Federal Reserve independence, and stock market sell-offs, gold prices could surpass $5,000 per ounce by 2026. Conversely, if U.S. economic growth prospects improve, the dollar strengthens unexpectedly, and the Fed adopts a hawkish stance, gold prices may fall back to $3,500 per ounce by 2026. (Jinshi)
ANZ Bank said that in a scenario of deteriorating global growth outlook, resurging trade tensions, impaired Federal Reserve independence, and a stock market sell-off, gold prices could surpass $5,000 per ounce by 2026. Conversely, if U.S. economic growth prospects improve, the dollar unexpectedly appreciates, and the Fed takes a hawkish stance, gold prices could fall to $3,500 per ounce by 2026. (GoldTimes)
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