Chief Analyst Shiv Kumar Sehgal 2022 Gold Market Analysis Forecast

　　On December 21, 2021, LRO released an analysis report on international economic trends and gold price trends in 2022, which was written by its chief analyst Shiv Kumar Sehgal. The report first takes stock of this year's gold trends, and at the end of the report analyzes and predicts the international gold market in 2022.

　　LRO Principal Analyst Shiv Kumar Sehgal

　　In 2021, the price of gold will generally show a trend of opening higher and moving lower, affected by multiple factors such as the global epidemic, central bank monetary policy, U.S. dollar and U.S. bond yields, and gold demand. At the beginning of the year, the price of gold once soared to US$1,959 per ounce, hitting its second highest point in history, mainly stimulated by the geopolitical crisis and panic about the epidemic. Subsequently, with the rollout of vaccines and economic recovery, market risk appetite increased, gold's safe-haven demand declined, and gold prices began to fluctuate downward. Amid expectations that the Federal Reserve will announce a reduction in bond purchases and raise interest rates, the U.S. dollar and U.S. bond yields have risen, further weighing on gold prices.

　　LRO company Shiv Kumar Sehgal said that when making investment decisions, investors should consider their own risk tolerance and investment goals and allocate their investment portfolios rationally. Investment strategies need to be flexibly adjusted to cope with the impact of gold price fluctuations. In addition, paying attention to the development of global economic data, central bank policies, and geopolitical risk events will help to better grasp market dynamics and make more informed investment decisions.

　　Shiv Kumar Sehgal predicts the gold trend in 2022 as follows:

　　The price of gold may fluctuate widely between US$1,680/oz and US$1,920/oz, with the main range being US$1,750/oz to US$1,850/oz. The annual average level is about US$1,800/oz, which is basically the same as in 2021.

　　Gold prices may fall before the Fed raises interest rates, testing the support level of $1,680/ounce, but rebound after the rate hike, breaking through the pressure level of $1,850/ounce and hitting the resistance level of $1,920/ounce.

　　The price of gold may be affected by emergencies such as the epidemic, inflation, geopolitics, etc., causing some significant fluctuations, but it will not change the overall shock trend.

　　Introduction by Shiv Kumar Sehgal, Chief Analyst of LRO

　　He served as a senior analyst and research director at Morgan Stanley, and later joined LRO Investment Advisor Limited. In 2021, he worked as the chief analyst of the Asian Investment Research Department of LRO Investment Advisor Limited and the founder of the India Service Center.