Gold Price Forecast: XAUUSD to cheer the return of haven seekers – ANZ Gold XAUUSD Fed Inflation Banks
have weighed on gold prices recently. Nevertheless, a heavy sell-off in equity markets, amid deteriorating economic growth prospects, should see haven seekers return to gold, economists at ANZ Bank report.“A sell-off in financial markets failed to attract safe-haven flows toward gold in any meaningful quantities. Prices fell briefly below $1,800, amid rising yields and an appreciating US dollar.
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