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ANZ: Geopolitical, economic, and fiscal uncertainties leave room for further gold price increases
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Jinse Finance reported that ANZ analysts wrote that gold prices have reached new highs as investors bet that the Federal Reserve will continue to cut interest rates. Increasing trade tensions have boosted the safe-haven demand for gold. In the context of geopolitical, economic, and fiscal uncertainties, gold still has room to rise. ANZ analysts predict that gold prices will peak at $4,600 per ounce by mid-2026. (Golden Ten Data)
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