Gold experienced a robust rally over 12 months starting in April 2024, reaching a peak in April 2025. Click here for more information on Gold & Precious Metals.

Gold prices fell in anticipation of Monday’s clarification from the White House on excluding gold from tariffs.

Ventura Securities predicts gold prices to reach $3600 by year-end. Explore factors driving the surge: ETFs, central bank buying, and more.

Gold futures rose Wednesday ahead of the upcoming Jackson Hole symposium, while minutes from the July monetary policy meeting showed broad support for the Federal Reserve's neutral monetary policy stance,

With gold prices high and a new Fed meeting slated for this week, here's what investors should be considering now.

Gold has jumped since the weak July jobs report boosted expectations that the Federal Reserve will cut interest rates in September.

Earlier this month, Citi raised its gold forecast. Another big bank, UBS, has now followed suit. The Swiss investment bank nudged its Q1 2026 forecast gold price by $100 to $3,600 an ounce. This would mean new record highs over the next six months or so.

On August 21, investors are likely to adopt a cautious tone in precious metals as they await US Federal Reserve Chairman Jerome Powells speech at the Jackson Hole conference.

Lower bond yields and a weaker U.S. dollar in recent weeks have failed to ignite further rallies in gold, said BMI.