ANZ Bank: Gold will break through $5,000 in the second half of the year
Odaily Planet Daily reports that Daniel Hynes, Senior Commodities Strategist at ANZ Bank, stated that after a strong performance in 2025, the outlook for gold and silver remains optimistic through 2026. He pointed out that escalating geopolitical tensions, concerns over the Federal Reserve’s independence, and the lack of US fiscal discipline may continue to drive capital into the gold market. Regarding silver, tight physical supply is intensifying price volatility. Hynes believes that if US import tariff exemptions are confirmed, it will ease supply pressures, but factors such as persistent market supply shortages and strong industrial demand will still provide solid support for prices. The bank expects gold trading prices to break through $5,000 per ounce in the second half of the year. (Jin10)