Gold is on its way to reclaim $3,450/oz over the next few months before hitting a record above $3,500/oz this year, according to a recent forecast by ING Group. Following months of consolidation, the Dutch bank expects gold prices to break out as several bullish macroeconomic factors align. A mix of long-awaited rate cuts, steady government consumption, and awakened investment demand could extend the gold rally. Analysts predict the yellow metal’s momentum will carry through next year with several record-high price targets set in 2026. Following a steady upward trend in 2024, gold has charted a more erratic path, yet ... (full story)