I've been following gold for a while and I see that the movement this year has been very crazy. The beginning of the year was very strong - gold rose to $5,600 per ounce, the highest level I've ever seen in my life. But then in March, it crashed sharply, losing about 12% in one month, and currently it’s moving around $4,700-$4,800. Everyone is asking: Will gold increase in the coming days? The truth is, the answer is a bit complicated.

The first thing we need to understand is that gold doesn’t move randomly. There are specific factors controlling the price - US inflation rose from 2.4% to 3.3% in March, the dollar is strong, and US interest rates are still relatively high. All these things put pressure on gold. On the other hand, there are many geopolitical tensions and global instability, and these things drive people to buy gold as a safe haven.

Major analysts have different predictions - JPMorgan expects $6,300 by the end of the year, UBS raised its target to $6,200, but Goldman Sachs is more cautious at $5,400. Morgan Stanley sees $4,600 as a baseline scenario. The average from Reuters surveys is around $4,746 per ounce.

Personally, I think gold will increase in the coming days, but it won’t be a steady rise like at the beginning of the year. There will be many fluctuations depending on economic news and the decisions made by the Federal Reserve. If inflation continues and the dollar remains strong, gold might be under pressure. But if there’s global turmoil or interest rates drop, it will soar upward.

The important point is that if you’re thinking of buying gold now, focus on your goals - are you buying to preserve your money from inflation or for quick speculation? If long-term, the current price is reasonable. If short-term, you need to monitor economic news daily.