Money and business

Gold prices: Is the following station 4 thousand dollars an ounce? #urgent


Gold prices jumped today, Tuesday, to about 3,500 dollars an ounce, recording the highest level ever, driven by the decline in the dollar and the increasing assurances about reducing interest rates in America this month, while analysts see great possibilities for the continued rise The precious metal . "PVS" For "Reuters"There is still room for gold prices. We are currently witnessing a strong return to investment demand. Central banks will continue to diversify their investments in gold, so this height is sustainable, and it can gradually rise"." target ="_Blank"> The dollar , and this is likely to lead to a rise in the price of gold to higher levels. And since the reduction of interest rates by 25 basis points in September is almost certain, and the trend for further reduction until the end of the year, gold is strongly filtered to ascend.

The next station is 4 thousand dollars?" target ="_Blank"> Expectations about the arrival of gold to the threshold of 4 thousand dollars, for example, a bank expects "GB Mujan Chase" That the average ounce price reaches 3,675 dollars by the last quarter of 2025.
Bank of America recently confirmed its expectations that the precious metal will rise to 4 thousand dollars an ounce in the first half of the year 2026.

a global trend to enhance the golden reserves < /h2> said SPDR Gold Trust, the largest gold -backed investment fund in the world, said It raised its gold possessions by 1.01% to 977.68 tons last Friday, which is its highest level since August 2022.
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