Gold hits new highs again! Will it break through the $2700 mark?
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Gold prices continued to hit a new record high on Thursday, approaching $2700, as uncertainty surrounding the US presidential election and the Middle East conflict prompted investors to seek safe-haven assets. Gold prices have risen by over 30% this year, making it one of the best-performing commodities. Experts predict that gold prices may climb to $2941 per ounce in the next 12 months, even approaching $3000. Despite recent US economic data supporting the hawkish stance of the Federal Reserve, gold prices have retreated slightly, but the tense situation in the Middle East continues to provide strong support for the precious metal
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