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Central bank policy risks will drive gold to $5,500 by Q1 2027 - WisdomTree's Shah
Gold prices continue to struggle below $4,600 an ounce; however, one market strategist still expects that prices will be much higher by the first quarter of next year, supported by robust long-term fundamentals. In an interview with Kitco News, Nitesh Shah, head of commodities and macroeconomic research at WisdomTree, said that short-term volatility and shifting macroeconomic risks are raising the likelihood that central banks could make policy mistakes — a backdrop that is ultimately supportive for gold. Shah said that while gold has struggled as a safe-haven asset, despite elevated geopolitical tensions, ... (full story)
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From brecorder.com | May 5, 2026
Gold prices were largely steady on Tuesday, as investors weighed the economic fallout of escalating tensions in the Middle East amid stalled peace talks between the US and Iran. Fundamentals Spot gold was up 0.2% at $4,528.99 per ounce, as of 0059 GMT. Bullion fell over 2% to its lowest level since March 31 in the previous session.The Week in Breakingviews ...
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.35 per cent. Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of this increase reflected greater capacity pressures. In addition, the conflict in the Middle East has resulted in ...
