ANZ: Gold will surpass $5,000 in the second half of the year
According to Odaily, Daniel Hynes, Senior Commodity Strategist at ANZ, stated that after a strong performance in 2025, the outlook for gold and silver remains optimistic heading into 2026. He pointed out that renewed geopolitical tensions, concerns over the independence of the Federal Reserve, and the lack of U.S. fiscal discipline may continue to drive capital inflows into the gold market. Regarding silver, tight physical supply is intensifying price volatility. Hynes believes that if U.S. import tariff exemptions are confirmed, supply pressures will be alleviated, but the market's supply-demand imbalance and robust industrial demand will continue to provide solid support for prices. The bank expects gold trading prices to surpass $5,000 per ounce in the second half of the year. (Golden Ten Data)
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