Reported 2 days ago
Gold futures experienced their largest weekly gain since 2020, rising about 7% as market conditions became volatile due to trade tensions between the US and China, expectations of a Federal Reserve rate cut, and fears surrounding regional bank stability. Although prices dipped near $4,260 after a peak above $4,380, analysts forecast gold could continue to rise, with predictions suggesting a peak of $6,000 per ounce by mid-2026.
Source: YAHOO