PANews|Mar 01, 2026 14:59
[ANZ Bank: Geopolitical Risks Intensify, Gold Remains in a 'Favorable Position']
According to Jin10, ANZ Bank analyst Soni Kumari stated that gold is expected to initially show a positive reaction tomorrow. However, as events unfold, there may be some intraday pullbacks. Nonetheless, our overall outlook remains unchanged, and we remain optimistic about gold. This year’s geopolitical landscape is very different, with tensions being more intense. Following this Iranian attack, there may be macroeconomic impacts, especially in the context of a significant surge in oil prices.
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