Gold is on its way to a historical level with the explosion of confrontation between Iran and Israel

Market observers expect to continue Prices Gold in the coming period, with the flow of demand for safe assets, against the backdrop of geopolitical tensions, and the outbreak of military confrontations between Israel and Iran. "FX Empire"James Herzik, the gold takes a clear bullish path worldwide, and it is expected to reach in the coming days to its highest level ever, which amounted to $ 3,500 last April, after he recorded $ 3,432.48 last Friday, an increase of 1.37%. Pay investors to the demand for Oil , gold, treasury bonds, and US dollar. "Goldman Sachs" On his expectations that strong purchases from Banks Central will raise the price of gold to $ 3,700 an ounce by the end of 2025, and to $ 4,000 by mid 2026, while expected "Bank of America" The precious metal arrives at a threshold of $ 4,000 an ounce during the next 12 months. "RG or Futures": "Israel’s targeting of Iranian goals raises some geopolitical anxiety in the market, and the prices will remain high in anticipation of what is coming."

according to the technical analyzes circulating, if gold succeeds in cohesion at the highest summit it reached last week (about 3368-3377 dollars), this may indicate possible purchase opportunities targeting higher levels in the coming months.

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