<p>This article explores the future trend of gold prices, pointing out that changes in gold demand under the global economic shifts will drive prices up. In an optimistic scenario, gold prices may break through USD 3,800 per ounce; in a neutral scenario, around USD 3,200 per ounce; and in a pessimistic scenario, they may fall back to USD 2,600-2,700 per ounce. Gold pricing is influenced by supply and demand relationships, financial attributes, safe-haven attributes, and monetary attributes, especially as uncertainty increases, leading to a rise in demand for gold as a safe-haven asset</p>

- The article discusses the changing dynamics of gold pricing, highlighting that post-2022, gold prices are increasingly driven by global central bank purchases rather than traditional economic factors.  
- It presents a quantitative model predicting future gold prices under optimistic, neutral, and pessimistic scenarios, with potential prices ranging from $2,600 to over $3,800 per ounce.  
- The authors conclude that the current gold bull market is primarily influenced by declining trust among nations and the restructuring of the global monetary system, indicating a long-term bullish trend for gold.

How much more room is there for gold to rise?