finance
Gold Futures Hold Near $4,353 per Ounce as Analysts Project Rebound Toward $5,000
Gold futures traded steady around $4,353 an ounce Wednesday. Market observers expect prices to move back toward $5,000 later this year, though forecasts for a $6,000 peak have been scaled back.
Jun 17, 9:38 AM·1m read1 source
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Gold futures traded around $4,353 an ounce Wednesday.
Company said continued central bank buying could support prices this year. He noted that shifting macro conditions have reduced gold's safe-haven appeal compared with last year. Analysts said gold could still reach $5,000 an ounce in 2026, but a $6,000 peak now looks unlikely.
Futures prices have remained steady near current levels without sharp moves either upward or downward.
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