Forex
globalreutersApril 17, 20241 Mins read
Deutsche Bank hiked their forecast for gold as high as $2,600
globalreutersApril 17, 20241 Mins read Deutsche Bank announced revised forecasts for gold on Tuesday:
- to reach $2,400 per ounce by the end of 2024
- to reach $2,600 by the end of 2025
DB cite:
- heightened investment inflows
- escalating geopolitical tensions, particularly in the Middle East
- central banks’ significant buying
Earlier this week Goldman Sachs moved their forecasts up also:
This article was written by Eamonn Sheridan at www.forexlive.com.
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