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What’s driving gold prices toward $3,400 later this year — and maybe even higher - MarketWatch

1. Gold prices up 22% this year, reaching $3,226.30 an ounce. 2. A bullish scenario predicts gold could hit $3,400 by year-end. 3. Trump's tariffs create economic uncertainty, boosting gold's safe-haven appeal. 4. Stagflation risk supports gold investment demand as a hedge. 5. Gold remains a volatile asset but leans bullish in outlook.

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FAQ

Why Bullish?

The article presents multiple catalysts for gold price increases. Historical scenarios of economic uncertainty have often pushed gold prices higher.

How important is it?

The discussion of macroeconomic factors and price predictions strongly relates to GC00's performance. The article highlights favorable conditions that could impact gold’s future significantly.

Why Long Term?

The potential shifts in economic policies and conditions could sustain gold's upward trend over years. Historical price increases often correlate with prolonged economic uncertainty.

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