Overview
- Gold remains near record highs at $3,232 per ounce, showing resilience despite slight declines following U.S. tariff exemptions for tech products.
- Experts highlight strong institutional and central bank purchases, alongside increased ETF inflows, as key drivers of sustained gold demand.
- Technical analysis projects a potential upside target of $3,380, with analysts identifying critical support levels to watch for pullbacks.
- Goldman Sachs has raised its 2025 year-end forecast to $3,700, citing ongoing trade tensions and heightened recession risks.
- Retail investors are actively participating in the gold surge, leveraging lower barriers to entry through mobile apps and fractional products.