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ANZ: Gold to Surpass $5,000 in the Second Half of the Year
Svmuu News: Daniel Hynes, senior commodities strategist at ANZ, said that following a strong performance in 2025, the outlook for gold and silver remains optimistic through 2026.He noted that renewed geopolitical tensions, concerns over the Federal Reserve’s (Federal Reserve) independence, and a lack of fiscal discipline in the United States are likely to continue driving capital inflows into the gold market. As for silver, tight physical supply is exacerbating price volatility.Haynes believes that if U.S. import tariff exemptions are confirmed, they will alleviate supply pressures; however, factors such as the market’s supply-demand imbalance and robust industrial demand will continue to provide solid support for prices. The bank expects gold to trade above $5,000 per ounce in the second half of the year. (Jin Shi)
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