Gold Market Forecast: Gold Heads Towards 3500 as Trade Tensions Escalate
Gold prices are edging closer to the significant threshold of 3500, propelled by trade tensions between the U.S. and China, which are unsettling markets. The current climate of economic uncertainty coupled with a weaker dollar has heightened the appeal of safe-haven assets such as gold. As XAU USD and XAG USD prices fluctuate, investors should consider the potential for further increases should geopolitical concerns escalate. Monitoring trade developments will be vital in shaping future forecasts for gold prices.