$XAU | Gold Steals the Spotlight
Gold is dominating the markets this week, printing new all-time highs for the third straight day.
Price Range: Around $4,630 – $4,638 per ounce
Daily Move: Up nearly 0.97% today, extending an impressive 72% gain year over year
Key Driver: A softer U.S. CPI report released yesterday showed inflation steady at 2.7%, strengthening expectations that the Federal Reserve will keep cutting rates into 2026. This environment boosts demand for non-yielding assets like gold.
Forward View: J.P. Morgan and other analysts are now projecting gold to reach $5,000 per ounce by the end of 2026, supported by record-level purchases from central banks worldwide.
XAUUSDT
دائم
4,610.81
+0.28%