The price is 3,400 USD/ounce. The main reason is believed to be due to the weaker-than-expected US labor market, increasing the possibility of the US Federal Reserve (FED) cutting interest rates, thereby promoting the increase of this precious metal as investors seek gold as a safe haven.
Some analysts note that, since reaching a historical peak of 3,500 USD on April 22, 2025, the gold price has fluctuated in a narrow range from 3,180 to 3,400 USD/ounce. Based on macro assumptions, analysts predict that the gold price may reach 3,850 USD/ounce in the second quarter of 2026 and the current period is like "compressing the spring" - preparing for a strong increase in gold prices in the near future.
Meanwhile, Citigroup (a US multinational financial group) has just raised its forecast for world gold prices to $3,500/ounce in the next 3 months, $3,300/ounce for 6-2025, $3,300 - $3,600/ounce. The main reasons include concerns about US economic growth, high inflation due to US President Donald Trump's tariff policy and a weakening USD.
Some analysts note that, since reaching a historical peak of 3,500 USD on April 22, 2025, the gold price has fluctuated in a narrow range from 3,180 to 3,400 USD/ounce. Based on macro assumptions, analysts predict that the gold price may reach 3,850 USD/ounce in the second quarter of 2026 and the current period is like "compressing the spring" - preparing for a strong increase in gold prices in the near future.
Meanwhile, Citigroup (a US multinational financial group) has just raised its forecast for world gold prices to $3,500/ounce in the next 3 months, $3,300/ounce for 6-2025, $3,300 - $3,600/ounce. The main reasons include concerns about US economic growth, high inflation due to US President Donald Trump's tariff policy and a weakening USD.
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Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
(don't copy, click on the links!)
🟢Telegram Channel: t.me/xauusdtradingfx
🔴9-12 signals per day
🔴Free knowledge support
🔴24/7 support for newbies.
🔴You always have priority.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.