Gold Price Up as Market Foresees Drop in Inflation, Predicting Rate Cuts - ANZ Report

Thursday, 28 March 2024, 07:53
Gold prices have been steadily climbing as the market anticipates a decrease in inflation rates, suggesting a potential need for rate cuts. Amidst these expectations, XAU/USD has seen a significant increase, signaling a proactive response to the evolving economic landscape. ANZ's analysis highlights the pivotal role of inflation forecasts in shaping market sentiment and influencing future monetary policies.
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Gold Price Up as Market Foresees Drop in Inflation, Predicting Rate Cuts - ANZ Report

Gold Price Forecast: Rising XAU/USD suggests market expects further inflation falls to support rate cuts – ANZ

Gold extended recent gains amid expectations of lower inflation.

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.

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