Gold Price Forecast: XAU/USD to hit $2,100 by year-end – UBS Gold XAUUSD DollarIndex Fed Banks
Downside risks to the USD have risen alongside money market pricing of Fed rate cutsis weakening, and downside risks to the greenback have risen alongside money market pricing of Federal Reserve rate cuts.”
“While volatility can be expected in the near term, we now expect the precious metal to hit $2,100 by year-end, and $2,200 by March 2024.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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