
Bitcoin.com News|Mar 20, 2025 12:35
🌟📈 Gold is on a remarkable run, reaching 3,057 per troy ounce! With a 13% increase this year, demand from investors shows no signs of slowing down. 🏆✨
Experts suggest that factors like projected Federal Reserve cuts and geopolitical tensions, including conflicts in the Middle East and Ukraine, are fueling this upward trend. Gold thrives in low-interest and weaker-dollar environments, making it a go-to safe haven for investors.
OCBC strategist Christopher Wong notes that gold's appeal as an inflation hedge is stronger than ever amid tariff uncertainties. However, some analysts warn of potential corrections ahead, with resistance around 3,090-3,100.
Bond King @TruthGundlach even predicts gold could hit 4,000 in the future! What are your thoughts on gold's trajectory? Let us know!
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