Gold Price Forecast: XAU/USD rally is vulnerable to reversals – TDS

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Gold Price Forecast: XAU/USD rally is vulnerable to reversals – TDS
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Gold Price Forecast: XAU/USD rally is vulnerable to reversals – TDS Gold XAUUSD Silver Copper Banks Silver

For Gold, rising real rates as inflation eases and policy rates stay at the terminal level for a prolonged period may again drive specs away. In addition, the high rate environment, weak Chinese economic performance and a pending recession in the US will no doubt weaken the demand for more industrial metals like Copper and Silver for many months to come.

This rally is vulnerable to reversals, should the Fed's policy rhetoric remain hawkish and if US data surprises to the upside.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. You should do your own thorough research before making any investment decisions.

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