Gold cost proceeds with its walk towards $2,000. Financial analysts at Commerzbank examine the yellow metal’s standpoint.
Potential gain potential on XAU/USD is most likely depleted for the time being
The shockingly harmless US expansion information makes a (last) Took care of rate climb in December improbable. Regardless, it will probably require some investment before the market does a total about-turn and starts hypothesizing on impending rate cuts in the US. The recuperation on the Gold market is not really prone to proceed, all in all.
We just anticipate that Gold should lastingly surpass the $2,000 mark in the following year.