ANZ reiterates year-end gold price target as WTI futures climb above $85
Tuesday, 2 April 2024, 10:07
Commodity Roundup
ANZ reiterated its commitment to a year-end gold price target of $2,300 as WTI futures surged beyond $85. The climb in gold prices, close to a record high, and the bullish momentum in energy markets reflect the current market optimism. Growing expectations of rate cuts and economic uncertainty contribute to the volatility in commodities like gold and oil.
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