Gold Price Forecast: XAU/USD depends on whether and how quickly market situation calms down – Commerzbank
16.03.2023, 15:57

Gold Price Forecast: XAU/USD depends on whether and how quickly market situation calms down – Commerzbank

The outlook for the Gold price is currently highly uncertain. he further development of the precious metal depends heavily on whether and how quickly the market turmoil subsides and the Fed is able to raise its interest rates further, economists at Commerzbank report.

Gold would likely give up its recent gains if market mood improves

“If further bankruptcies follow or if the market increasingly prices in the risk of contagion effects, interest rate expectations could fall further and the Gold price could, in turn, receive further tailwind as a result.”

“We had previously assumed a Gold price of $1,950 at the end of the year, as we had expected that the market would only increasingly bet on a turnaround of interest rates in the second half of the year. This has now occurred much earlier due to the turmoil in the banking sector. Thus, if these continue, XAU/USD should reach our year-end forecast already in the near future.”

“If fears can be allayed, this could allow the Fed to raise interest rates further in order to curb inflation, which remains too high. In this case, Gold would likely give up its recent gains.”

“For the second half of the year, we would continue to expect Gold to recover even in this scenario, as the aggressive interest rate hikes should then start to be felt in the real economy. The market's focus would subsequently turn to possible interest rate cuts, which should make Gold look more attractive again in relative terms.”

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik