The forecast for the price of gold at $1,883.73 suggests that the attractiveness of gold decreases due to positive real US yields, according to Erste.

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XAUUSD Chart by TradingView

In view of positive real US yields, economists at Erste Group Research expect “only” a sideways movement of the Gold price in the fourth quarter.

See – Gold Price Forecast: XAU/USD to trade near $2,000 by year-end – ANZ

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