*Gold Hits New All-Time High, Surpassing $4,430.17per Ounce*
Gold has reached a new record high, trading above $4,400 an ounce for the first time, driven by expectations of further US Federal Reserve rate cuts and sustained safe-haven demand. The current price is $4,421.90, with a 1.92% increase.
- *Upside Potential*: Analysts predict gold could reach $4,900 per ounce by December 2026, driven by robust central-bank buying and resilient investor demand.
- *Key Drivers*: Geopolitical tensions, trade policy uncertainty, and ongoing Fed easing cycles are supporting gold's structural strength.
- *Resistance Levels*: $4,430, $4,448, and $4,460 are potential targets, with $4,500 as a psychological barrier. $XAU
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