Gold prices expectations until the end of the year .. Will a scenario achieve 4 thousand dollars?

Analysts differed about the path of gold prices during the coming period, while the markets are waiting for the results of customs duties negotiations between the United States and its commercial partners, and the announcement of interest rates by the Federal Reserve this week.

The possibilities of ascension

Gold is currently hovering around $ 3,315 an ounce. “Videlti International” expects to reach 4 thousand dollars by the end of 2026, driven by reducing interest rates, decline in the dollar, and the continuation of central banks around the world to enhance their yellow metal reserves.
“Gold trading is still at about $ 3,300 or less attractive to buyers. While customs duties deals between the United States and its partners and improvement of performance do not support the rise of gold in the short term, there is still a possibility to rise in the future. “

The gold market is waiting for American data

Investors are awaiting a set of American economic data this week, including inflation numbers and employment report, in addition to the most important event, which is the FBI’s monetary policy meeting on Tuesday and Wednesday 29 and 30 July, while most expectations indicate that interest rates will remain fixed.
“If the American economy data this month is weak, or the pressure of President Donald Trump succeeds on the central bank to reduce interest rates this week, this may drive gold prices to rise,” Wattrar added.

Reducing interest rates raises gold prices

The relationship between gold and interest rates is a counter -relationship, as the price of gold rises when interest rates drop, and vice versa. While expectations indicate that American interest rates are proven, investors will follow the comments to find out the exact time of the next reduction.
Analyst at FX Pro, Michel Salibi, is likely to install interest rates in July, with any future reduction until the September 2025 meeting.

Short range scenarios

Technical analysts are now giving attention to 3310 dollars as the first landing goal, followed by 3282 dollars, then 3244 dollars.
On the upper side, the moving average stands for 50 days at 3341 dollars, which will constitute immediate resistance, along with the summit of Friday’s session at 3373 dollars, then the last summit at 3439 dollars as follows.

Long -term expectations

The farthest range, price expectations for 2025 and 2026 are still positive. It is expected, according to the GB Moughan Chase Bank, the average price will be 3,675 dollars an ounce by the last quarter of 2025, and that it will rise to $ 4,000 by mid -2026.