#GOLD 😉Gold is currently trading at $4,895.44 per ounce, down 8.84% from the previous close. The metal has seen significant volatility, with a 52-week high of $5,608.35 and a low of $34.83.😶😶

*Key Factors Influencing Gold Prices.👋

- Geopolitical tensions and economic uncertainty

- Central bank purchases and reserve diversification

- Weakness in the US dollar and fluctuations in interest rates

- Inflation concerns and expectations of Fed easing.

*Gold Price Forecasts:💰

- J.P. Morgan predicts gold prices to reach $5,000/oz by year-end 2026, with a potential target of $5,400/oz by 2027

- World Gold Council expects gold to perform strongly in a downturn, with moderate gains if economic growth slows

- LiteFinance analysts project gold prices to reach $7,615-$8,491 by the end of 2026😭😭