Gold prices are currently forecast to rise from the current $3000 to $4000 per ounce. It is considered very important to predict that the price will rise to $3000 when it starts at $1800, when it is already approaching $2900.
Although it is not specified exactly when gold will reach $4000, it is expected that this price rise may be there considering the movement of gold prices.
Gold has a special place in history. And investors usually turn to it during uncertain economic times. Investors are closely monitoring several geopolitical developments and economic data that can affect the price of gold.
