<p><a target=“_blank“ href=“https://PiQSuite.com/Suite/reuters/2023:newsml_KBN2UA0V7 “ target=“_blank“ rel=“nofollow“>Reuters Note</a></p><p>Analysts and traders have significantly raised their predictions for gold prices but expect high interest rates to keep a lid on rallies, a Reuters poll showed on Tuesday.</p><p>The poll of 38 analysts and traders returned median forecasts for gold to average $1,825 an ounce in the first quarter of this year, $1,840 in the second, $1,852.50 in the full year and $1,890 in 2024.</p><p>Three months ago, a Reuters poll predicted prices would average $1,712.50 in 2023. In 2022, gold averaged $1,801.93.</p>
This article was written by Ryan Paisey at www.forexlive.com.