The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Gold is a key safe-haven asset, but expectations of a sustained decline could shift investor strategies. Gold fell in the early Asian session, and Capital Economics expects further declines over the next 18 months after reaching $4,000 per ounce, contrary to market expectations of a rebound at that level.
According to market data, this decline comes amid a strong US dollar following a speech by Fed's Waller indicating continued tight monetary policy, per the economic calendar. Capital Economics' view reflects concerns about ongoing pressure on gold amid rising real yields.
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Sign InWith no fresh gold price data available, investors are focusing on upcoming economic data and central bank speeches for interest rate direction. Any signs of policy easing could support gold, but current expectations lean toward further weakness.