Gold Price Forecast: XAU/USD to come under pressure if real rates remain elevated – SocGen Gold XAUUSD Bonds Banks Fed
, strong dollar and fund outflows, but remains vulnerable, in the view of strategists at Société Générale.“In the past, we have observed that gold seems to correlate well with three factors – US real rates, the dollar and ETF flows . However, the price of gold has remained quite elevated compared to the theoretical value yielded by our models.”
“Gold has outperformed treasuries and TIPS so far this year, but may not be able to resist the high yield for much longer if there is no pivot in the near-term from theInformation 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.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pairs in Focus This Week-S\u0026P 500,EUR/USD,Gold,Oil,BTC/USDGet the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of October 16th, 2022 here.
Read more »
UAB vs. Charlotte prediction: 49ers can strike gold vs. spreadWe’re heading to Protective Stadium in Birmingham, Ala., for a matchup between the 49ers and the Blazers, who are 23.5-point favorites.
Read more »
Painting the town brown and gold to celebrate the PadresThe excitement is literally painting the town brown and gold— with new artwork popping up all around.
Read more »
Gold Price Forecast: XAU/USD extends bounce off $1,640 support amid softer DXYGold Price Forecast: XAU/USD extends bounce off $1,640 support amid softer DXY – by anilpanchal7 BitcoinGold XAUUSD RiskAppetite Fed Commodities
Read more »
Gold Price Forecast: XAU/USD aims to shift business above $1,650 despite hawkish Fed bets escalateGold Price Forecast: XAU/USD aims to shift business above $1,650 despite hawkish Fed bets escalate – by Sagar_Dua24 Gold XAUUSD Fed Inflation InterestRate
Read more »