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Gold Price Forecast 2026: Is Recent Weakness Could Prove A Buying Opportunity?
Gold prices have staged a modest recovery after a volatile month, with spot gold (XAU/USD) climbing back above $4,500/oz. Despite recent weakness, analysts at RBC Capital Markets believe the pullback may ultimately prove to be an attractive entry point for long-term investors. XAU/USD traded at $4,529 on Thursday, up 0.78% on the day, after rebounding from this week's low near $4,370. Gold remains below May's peak at $4,772 and well under the record highs above $5,500 reached earlier this year. Gold has struggled to maintain its earlier momentum as the Iran conflict boosted the US Dollar and pushed global bond yields ... (full story)