ANZ predicts that the gold price, currently at $1,982.53 for XAUUSD, will likely increase and reach the $2,100 mark by the end of the year.

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Market expectations of a higher Fed terminal rate have been a drag. Nonetheless, economists at ANZ Bank expect Gold (XAU/USD) to reach $2,100 by the end of this year.

See – Gold Price Forecast: XAU/USD could head to its all-time high in the coming year – Commerzbank

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