Standard Chartered has trimmed their gold trend for “core holding”, after this year’s fast rally, prices are expected to consolidate a near-period. In a note for customers, the bank said it hopes to reach the USD at 3,100 per ounce in the next one to three months, reflecting a familiar pattern of stagnation after a strong profit.
Analysts pointed to recurring behavior since 2022, where major buyers have shown obvious value sensitivity, causing the movement of the movement to move. Despite the short -term moderation, Standard Chartered maintains a long -term approach, prices prices may climb more as USD 3,500 within the next 6 to 12 months as Central Bank Demand Reclerates.
later this year,
Forexlive.com
Is developing into
Investinglive.comWise market updates for investors and traders and a new destination for making smart decisions.
