1. Gold prices surged past $3,100 amid inflation concerns and tariffs. 2. Gold is on track for its best quarterly performance since 1986. 3. Analysts predict gold may exceed $4,500 within 12 months under stress. 4. Goldman Sachs raised its gold price forecast to $3,300 by 2025. 5. Investor interest in gold ETFs supports ongoing price increases.
Gold's price surge reflects increased investor demand and geopolitical risks, which historically boost its value. For instance, gold prices rose significantly during previous geopolitical tensions and economic uncertainties.
The article indicates significant upward momentum for gold prices, affecting AAAU, a gold-backed ETF, directly linked to gold's performance.
Sustained central bank demand and potential economic downturn indicators suggest gold prices will remain elevated. Historical examples include gold's rise during and after the 2008 financial crisis.