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ANZ Look For Gold To Finish ’22 At $1,600/oz

GOLD

ANZ believe that “despite reversing U.S. break-even inflation, negative real interest rates could keep gold prices near USD1,800/oz in H122. More downward pressure is likely to build after the Fed starts hiking interest rates in mid-2022. We target gold prices to end ’22 at USD1,600/oz.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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