Gold Price Forecast: XAU/USD to reach $1,950 by end-2022 in Fed becomes dovish – UBS Gold XAUUSD Banks
XAU/USD to tank towards $1,350 in the downside scenario“Upside scenario. Gold December 2022 target: $1,850-1,950/oz. The Fed becomes dovish, introducing another round of quantitative easing measures, or it allows inflation to overshoot, which would once again support investment demand for gold.”aggressively in 2022 and pushing up US real rates strongly, which would likely trigger substantial outflows from gold ETFs.
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