-
Gold Price Forecast: Why Credit Agricole Says It's Time To Buy Gold
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)
- Comments / Top
- Subscribe
-
Related Stories
*IRAN, US OPEN COMMUNICATION LINE TO COORDINATE ON HORMUZ: TV Iran's Press TV: A communication line between the US and Iran in the Strait of Hormuz has been established.
From zawya.com | 31 hr ago
Ghana has struck a deal with its large-scale mining companies to purchase 30% of their gold output beginning July 1, the government said on Thursday, as it seeks to boost foreign currency reserves and develop local refining capacity. Central banks are increasingly stockpiling bullion as high prices bolster its appeal as a reserve asset. Ghana, Africa’s ...
UAE ISSUES PHONE ALERTS OF POTENTIAL MISSILE THREATS UAE sends an alert saying the situation is now safe. Explosion sounds heard in Dubai News sources report hearing explosion sounds in Dubai. UAE SENDS ALERT SAYING 'PLEASE DISREGARD THE PREVIOUS WARNING'
- Story Stats
- Jun 26, 4:42pm | 23 hr ago Posted byFundamental Analysis77
- Instruments:
