Tag: gold price forecast

Gold Price Forecast Hiked to $3,500–$3,700 as Record $3,545 Spurs Fresh Bull Run

Gold hit a record $3,545 per ounce, up about 30% this year, as big banks lift targets to $3,500 for Q3 and $3,700 by year-end. Expectations of Fed rate cuts, a weaker dollar, central bank buying, and geopolitics are driving demand. Analysts flag key levels at $3,650 resistance and $3,450/$3,400 support and see buyers stepping in on dips amid tight supply and strong investor interest.