JP Morgan expects gold prices to average around $5,055 per ounce by the fourth quarter of 2026, driven by strong investor demand and steady central bank purchases.

Bearish momentum dominates gold's price action, with resistance at key moving averages and potential downside targets extending to the 2,474 zone, News.az reports citing Fxempire.

Gold price traded with strong negativity to surpass our first target at 2718.80$ and approaches the second waited target at 2696.85$, noticing that the price attempts to recover now to head towards potential test to the key resistance 2746.00$, and as long as the price is below this level, the correctional bearish scenario will remain valid for the upcoming period, waiting to achieve more negative targets, News.az reports citing Economies .

Gold price provides positive trades now, as it is affected by stochastic positivity, and it might head to retest the broken neckline of the double top pattern before turning back to resume the bearish correction, News.Az reports citing The Economies.

Commodities including gold and crude oil rose as the specter of war looms in the Middle East. Still, Bitcoin is moving in the opposite direction, leading to renewed debate over whether it’s a safe-haven asset, News.Az reports citing Cointelegraph.

Goldman Sachs on Monday raised its gold price forecast for early 2025 to $2,900 per troy ounce (toz) from the previous $2,700/toz, citing two primary reasons, News.Az reports citing Investing.