Tuesday, 25 June 2024 01:14 WIB | GOLD |GOLDEMAS
Analis Bank of America memprediksi potensi lonjakan harga emas, dengan perkiraan mencapai $3.000 per ounce dalam 12-18 bulan ke depan. Namun, mereka mengakui bahwa arus pasar saat ini belum tentu mendukung titik harga ini.
BofA menjelaskan bahwa mencapai $3.000 bergantung pada peningkatan permintaan non-komersial. Mereka percaya bahwa penurunan suku bunga Federal Reserve dapat memicu hal ini, yang mengarah ke arus masuk ke ETF emas yang didukung secara fisik dan volume perdagangan yang lebih tinggi.
Pembelian bank sentral adalah faktor kunci lainnya. “Pembelian bank sentral yang sedang berlangsung juga penting, dan dorongan untuk mengurangi pangsa USD dalam portofolio valuta asing kemungkinan akan mendorong lebih banyak pembelian emas oleh bank sentral,” kata BofA.
Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to U.S. inflation data due later this week that could offer more clarity on the Federal Reserve’s monetary policy.
Spot gold was last up 0.52% to $2,332.50 per ounce. U.S. gold futures rose 0.6% to $2,345.20.
The dollar fell 0.5% against its rivals, making gold attractive for other currency holders.
Gold is in consolidation mode and there is active buying on dips, said David Meger, director of alternative investments and trading at High Ridge Futures Traders, adding that they are looking for the trajectory of interest rates moving forward and the timing of those potential rate cuts.
Focus this week will on the U.S. Personal Consumption Expenditures (PCE) data, the Fed’s preferred measure of inflation, which is due on Friday.
Source : Reuters