I noticed that gold had a crazy movement at the beginning of 2026, reaching up to $5,600 in January, but then it crashed sharply in March. Now in May, the price is moving around $4,700-$4,800. The big difference is that all their analysts say that gold will rise again but not with the same intensity we saw in the first quarter. Large institutions like JPMorgan and UBS have forecasts ranging between $6,000 and $6,200 by the end of the year. The problem is that the dollar is strong and US interest rates are uncertain, so the movement is not guaranteed. But in the long term, will gold's price go up? I think yes, but more slowly. Central banks are still buying, and geopolitical risks are present, so gold has become a true safe haven. If you're thinking of buying, stay patient and don't chase the peaks.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned