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Gold prices holding up on central bank purchases. Economists at the National Australia Bank analyze the yellow metal’s outlook.
Gold prices have largely trended sideways since late December. At face value, this appears somewhat counter to the improving economic data – with inflation in the advanced economies tracking closer to target in late 2023, which spurred a rally in both equity and bond markets.
Reports suggest that central bank purchases of Gold have been ramping up in recent times – most notably China and Russia – underpinning global demand.
We forecast Gold prices to average $2,025 in 2024, up from around $1,942 in 2023
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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