Gold Price Forecast for the Second Half of 2022
The gold market has been driven by the contrasting effects of persistently high inflation and central banks raising interest rates in response. With the US dollar hitting a 20-year high, gold entered the second half of 2022 with a nine-month low. What are the prospects for the gold market for the rest of the year given the current macroeconomic and geopolitical environment? Should you invest in gold now?