{"id":168935,"date":"2023-10-05T20:44:23","date_gmt":"2023-10-05T15:14:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=168935"},"modified":"2023-10-05T20:44:23","modified_gmt":"2023-10-05T15:14:23","slug":"more-constrained-outlook-for-xau-usd-ubs-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/more-constrained-outlook-for-xau-usd-ubs-crypto-news\/","title":{"rendered":"More constrained outlook for XAU\/USD \u2013 UBS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Gold has lost $100 an ounce to $1,820, its lowest level since March. Economists at UBS analyze the yellow metal\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">Near-term risks to Gold remain<\/h2>\n<blockquote>\n<p>Uncertainty over where US yields and the Dollar will peak are a headwind for Gold in the near term. The metal typically comes under pressure when risk-free rates rise and when the US currency strengthens, which raises the price for non-dollar investors and suppresses demand.<\/p>\n<\/blockquote>\n<blockquote>\n<p>With opportunity costs for Gold on the rise, we now also see a more constrained outlook for Gold, with the metal ending the year around $1,850 from $1,950 previously, and rising to $1,950 by the end of June 2024 down from $2,100 previously.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Gold has lost $100 an ounce to $1,820, its lowest level since March. Economists at UBS analyze the yellow metal\u2019s outlook. Near-term risks to Gold remain Uncertainty over where US yields and the Dollar will peak are a headwind for Gold in the near term. The metal typically comes under pressure when risk-free rates [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,379,248,251,246,257,459,484,255,250,252,247,253,249,256,254,485],"class_list":["post-168935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bonds","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-dollarindex","tag-gold","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress","tag-xauusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=168935"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168935\/revisions"}],"predecessor-version":[{"id":168936,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/168935\/revisions\/168936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/4551"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=168935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=168935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=168935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}