Overview

• Gold prices are fluctuating between $3,040 and $3,167 per ounce, reflecting ongoing volatility in global markets.
• Recent sell-offs in gold are attributed to investors liquidating positions to cover losses in other markets during a broader financial downturn.
• Central banks remain key buyers of gold, with their demand providing structural support for prices despite short-term declines.
• Geopolitical tensions, fueled by President Trump's tariffs and China's retaliatory measures, continue to drive gold's safe-haven appeal.
• Experts forecast potential gold price increases to $3,500 per ounce within two years, contingent on the persistence of trade and geopolitical uncertainties.