Gold prices stabilize amid economic hopes, despite pressures from U.S. dollar and yields.

Gold prices have fluctuated due to a mix of economic indicators and geopolitical concerns. The U.S. dollar's strength and rising Treasury yields have put downward pressure on gold, while a lower-than-expected inflation rate has bolstered hopes for interest rate cuts, stabilizing prices. Goldman Sachs forecasts gold could reach $3,000 per ounce by 2025, driven by central bank purchases. Meanwhile, geopolitical tensions and economic uncertainties continue to influence gold's role as a safe-haven asset.

3 months ago
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