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Gold Price Forecast: Why Credit Agricole Says It's Time To Buy Gold

From exchangerates.org.uk

Gold prices rebounded on Friday after suffering their steepest monthly decline of 2026, but Credit Agricole believes the precious metal still has scope to recover despite the recent surge in the US Dollar. Gold (XAU/USD) traded near $4,093, up almost 2% on the day, after falling to a three-month low below $4,000 earlier this week. The precious metal remains down almost 12% during June. {chart} Credit Agricole says gold has been "one of the biggest victims from the USD's resurgence in 2026," with rising US yields and a stronger Dollar prompting investors and some central banks to reduce bullion holdings. However, ... (full story)

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  • Category: Fundamental Analysis