Gold's 2023 outlook greatly hinges on where the global economy is headed, according to a report from the World Gold Council released on Thursday.
Gold is so far on track to post a loss for the year — and the precious metal’s performance in 2023 will greatly hinge on where the global economy is headed, according to a report from the World Gold Council released on Thursday.
Over the past year, central banks and, in particular, the Federal Reserve, have “worked to stifle inflation with repeated rate hikes,” said Juan Carlos Artigas, global head of research at the World Gold Council. As a result, the global economy is now at a “crossroads, with consensus pointing to a mild recession in 2023.”
That mild-recession scenario would likely see both headwinds and tailwinds for gold, including further weakening of the dollar as inflation recedes and geopolitical flare-ups, which could provide support for gold, and an economic slowdown, which may provide headwinds to the metal in the first quarter, it said.
A so-called “soft landing,” where business confidence is restored and spending rebounds, may post downside risks to gold, the World Gold Council said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
2023 Mercedes-Benz AMG S 63, Best Car To Buy 2023: Car News HeadlinesA redesigned AMG S 63, our annual Best Car To Buy award, and Gymkhana 2022 all made headlines today.
続きを読む »
2023 VW Tiguan Review | A large, but middling crossoverThe 2023 VW Tiguan, the company's biggest seller, mostly carries over the same for 2023.
続きを読む »
LA City Council adopts Styrofoam ban starting in April of 2023LA City Council voted to ban the sale and distribution of Styrofoam products by businesses starting in April 2023.
続きを読む »
Morgan Wallen to play 2 N.J. shows during 2023 world tourMorgan Wallen's world tour tickets begin going on sale this week. Here is everything you need to know about getting tickets to his 2023 tour.
続きを読む »
Rauw Alejandro Announces 2023 ‘Saturno’ World Tour: ‘It’ll Be F—ing Crazy’The artist will be joined by special guests the Jabbawockeez.
続きを読む »
'Road Trippin' — Red Hot Chili Peppers Announce 2023 World Tour: Here's What We KnowThere's no rest for the spicy: Fresh off a world tour and two albums this year, ChiliPeppers are preparing for a set of stadium shows and festival stops across North America and Europe in 2023. No Philly date has been announced.
続きを読む »