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ANZ Bank: Geopolitical, economic and fiscal uncertainties leave room for gold to rise

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2025-10-17 08:25:04
Gold prices hit another new high as investors bet that the Federal Reserve will continue to cut interest rates, ANZ analysts wrote. Rising trade tensions have increased safe-haven demand for gold, which still has room to rise amid geopolitical, economic and fiscal uncertainty. ANZ analysts predict that gold prices will peak at $4,600 an ounce in mid-2026. (Gold Ten)
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