Expert Analysis on Potential Pull-back for Gold Price in Q2 by ANZ
Tuesday, 2 April 2024, 09:32
Gold Price Forecast
In the updated analysis by ANZ Bank, confirming a rise above $2,200, a pull-back in the gold price is anticipated in the second quarter of the fiscal year. Gold (XAU/USD) might encounter a decline without fresh supporting fundamentals emerging.
ANZ Bank Analysis
The ANZ Bank economists provide insights into the potential future performance of the yellow metal. Investors should monitor for potential market shifts and adjust their strategies accordingly.
- Expert analysis anticipates a pull-back
- Potential decline without new supportive fundamentals
- Investors advised to remain vigilant
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.