Gold Price Forecast: XAU/USD’s recent weakening is likely to have come to an end – Commerzbank Gold XAUUSD InterestRate Banks
The recent weakening of the Gold price is likely to have come to an end, now that the market has significantly scaled back its expectations of further US interest rate hikes.
We even see some further upside potential towards the end of the year. Because by then at the latest it should be clear that the US rate hike cycle is over.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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