Fidelity International anticipates that gold prices could rise to 4,000 per ounce by the end of 2026, supported by a combination of macroeconomic factors. These include expectations of U.S. interest rate cuts, a weakening dollar, and continued accumulation of gold reserves by central banks worldwide.
Gold prices experienced a notable increase, driven by rising global economic uncertainty and renewed trade tensions between the United States and China. The precious metal benefited further a weakening U.S. dollar, prompting a flight to safe-haven assets amid concerns of a deeper-than-expected global slowdown.
In a world marked by escalating geopolitical tensions and volatile financial markets, gold has forcefully reasserted its position as a safe haven and reliable store of value. The yellow metals impressive performance in the first five months of 2025 signals not a temporary trend, but a structural shift in investor behavior and global market dynamics.
Several key factors have prompted major financial institutions to revise their gold forecasts upward. Notably, Citigroup raised its three-month price target for gold 3,150 to 3,500 per ounce. This upward revision reflects rising risks, including U.S. protectionist policies, budgetary concerns, and ongoing geopolitical conflicts in regions such as Ukraine and the Middle East.
Gold prices declined in early Wednesday trading as market tensions eased following a shift in tone the U.S. administration.
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