Money and business
ANZ Bank: Gold and silver prices will continue to rise until the end of the year
Australian “AN Z” bank raised its forecast for the price of gold by the end of the year to 3,800 dollars an ounce, while the prices are expected to reach a climax near 4,000 dollars an ounce by the middle of next year, with the support of the strong investment demand on The alloys . "The continuation of monetary facilitation (reducing interest), increasing geopolitical tensions, total economic challenges, and concerns about the independence of the Federal Reserve Bank will enhance the investment argument of gold". "The US Central Bank’s job decline is likely to fill the monetary facilitation until March 2026. This will generate dirt pressure on the returns of treasury bonds, in order to enhance the attractiveness Investing in gold ."
standard increase and gold prices rose to the highest level ever at $ 3673 an ounce yesterday, Tuesday, bringing the total yellow metal gains to 38% so far this year." target ="_Blank"> The US dollar , the large purchases of the central banks, and the increasing assurances about reducing interest rates in America this month. - For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
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