Gold Price Forecast: Real Yields, Weaker USD and Safe Haven Appeal Drive XAU/USD Higher - DailyFX

5/24/2022 12:00:00 AM2 years 11 months ago
by Warren Venketas

Gold prices have clung onto the many tailwinds of recent including a fainter dollar, falling real yields and mounting geopolitical tensions.

GOLD OUTLOOK

  • U.S. rates, dollar and geopolitics sustain gold.
  • $1850 in focus!
  • IG client sentiment: Mixed.
XAU/USD FUNDAMENTAL BACKDROP Gold is in a great space at … [+2233 chars]

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