Gold is currently trading at $4964.62, up 3.85%. Analysts predict it'll hit $4,938.65 by the end of this quarter, with some forecasting it could reach $5,000 if macro conditions persist
*Key Factors Influencing Gold's Price:*
- *Central Bank Demand*: Robust buying, averaging 585 tonnes a quarter in 2026
- *Geopolitical Tensions*: Gold's safe-haven appeal drives price
- *Monetary Policy*: Federal Reserve's easing cycle supports gold
Some experts, like Mike McGlone, suggest gold may be overvalued, drawing parallels to Bitcoin's 2025 performance #JPMorganSaysBTCOverGold #RiskAssetsMarketShock