HSBC: Gold could break through $4,000 in the short term
2025-10-03 13:55:50
On October 3rd, HSBC Bank: Due to geopolitical risks, fiscal uncertainty and threats to the independence of the Federal Reserve, gold may break through the $4,000/ounce mark in the short term. Boosted by official sector buying, the rally in gold prices is expected to continue until 2026, and institutional demand for gold as a diversified investment vehicle is expected to remain strong. But with the end of the Federal Reserve's interest rate cut cycle, sluggish physical demand and increased supply, the rally in gold prices is likely to moderate in the second half of 2026.
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