Gold prices, which made a good start last week, lost some of its brightness with data from the US in the form of individual sales. Now it is traded for $ 1,762. Gram gold is changing hands around 526 pounds.
World Golden Council Analysts: Gold prices have been performing very well for 3 years
The World Golden Council analysts say that gold has been performing very well since 2018, and said that although the commodity markets lagged behind the commodity markets in a reflation environment observed after the quarantine process, it has increased from $ 1,269 to $ 1,800 since 2018.
They say that the gold is not affected by the three -year performance before the stagflation period, but the gold is not affected. On the other hand, the World Golden Council says that the reflation process may come after stagflation, and as a result it may lose the charm of gold again. Nevertheless, they say that this possibility is low.
Anz Bank: Gold can withdraw back next year
Anz Bank also shared their thoughts on the strategists. According to analysts, prices may not be able to maintain this acceleration next year, although prices reach $ 1,850 this year. Experts, due to the decrease in real returns, there may be a decrease, he said. The Bank says the Fed may experience a decrease in the face of the reduction in asset procurement, but due to high inflation, gold can still rise, and it can be seen as a better investment.
Abn Amro is waiting for a decline underneath
Abn Amro Analysts are waiting for a decline under ounce. As the reasons behind the decline, the rise in the US bond rate and the rise in the US Dollar Index are shown. According to the report prepared by the company, Gold can decrease to $ 1,700 this year and at the end of 2022 to $ 1,500. The report said in the report, “Dear metals, dollar index and bond rates, we think that weakness will continue despite the reacting purchases from time to time, while we are weak in recent years.
Kriptokoin.comAs we have reported, analysts draw attention to the data of China’s third quarter gross domestic product (GDP) data as developments that will affect gold this week, and the Consumer Price Index (CPI) data from the UK and Euro region.
