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Gold Climbs Above $3,400 as Economic and Geopolitical Tensions Intensify

From thegoldforecast.com

Gold futures have demonstrated exceptional momentum this week, with the precious metal climbing decisively above the psychologically important $3,400 per ounce threshold amid a confluence of economic uncertainties and escalating geopolitical tensions. The August 2025 futures contract has been the focal point of intense buying activity, gaining $31.20 in yesterday's session followed by an additional $31.50 today, representing a substantial 0.97% increase to settle at $3,408.60 as of 4:00 PM Eastern Time. The rally marks a significant technical achievement for gold, which opened Monday's trading session at $3,333.40 ... (full story)

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  • Category: Fundamental Analysis