HTX News
06/23 11:05
On June 23, Deutsche Bank lowered its gold price target, citing the Federal Reserve's hawkish stance, strong U.S. economic data, and weak investment demand. The bank currently forecasts a gold price of $4,800 per ounce in the fourth quarter but warns that if the Fed raises rates multiple times, prices could drop to $3,800 per ounce. Outflows from gold ETFs, weak futures positions, and subdued demand from China and India have pressured prices, while central bank purchases remain a key support.
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