Gold: Time to shine – ANZ

FXStreet/Sandeep Kanihama/6-21-2019

“ANZ analysts point out that gold has benefitted from its safe haven status amid deteriorating macroeconomic outlook and see prices settling above USD1,400/oz, with a reasonable chance of breaking USD1,500/oz over the next 12 months.”

USAGOLD note:  ANZ (Australia New Zealand Banking Group) is Australia’s second largest bank. The link takes you to the rationale behind their positive forecast.

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