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ANZ Bank has increased its gold price forecasts to $3,100 per ounce for the next three months and $3,200 per ounce for the six-month outlook, according to a Tuesday research note. The bank maintains a bullish view on gold, citing escalating geopolitical and trade tensions, easing monetary policy, and strong central bank buying as major tailwinds. Gold has already gained over 14% this year, setting record highs 14 times as investors seek safe-haven assets amid economic concerns and Trump’s tariff policies.
