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#Future of Gold Prices:
The upward trend seems likely to continue significantly, but there is a risk of slight consolidation or a drop in the short term. In the long term, the (2026) bull market dominates – meaning prices are likely to reach new records at (4,500 USD+).
- Risk: If the Fed's December 10, 2025 meeting and US data (inflation, employment) strengthen the dollar, pressure may increase. Support level: 3,860-4,000 USD.
- Uptrend continues: Since the beginning of the year, up 49%+, central banks (760 tons/year purchases) and ETF inflows (64 billion USD) are driving it.
- Main forecasts:
- Goldman Sachs: **5,055 USD** in 2026 Q4 (+24%).
- Bank of America: **5,000 USD** peak (+18%).
- JP Morgan: **6,000 USD** by 2028.
- LongForecast: **4,048 USD** average at the end of November 2025, slight drop in December but recovery in 2026.
- LiteFinance (Turkish): End of 2025 **3,780-4,100 USD**, in 2026 **4,500 USD+**.
- UBS/ING: **4,100-4,200 USD** base in 2026 Q1, upside **4,700 USD**.
- Reasons:
- Inflation and uncertainty (increase in individual buying due to FOMO effect).
- Interest rate cuts (Fed expected to cut twice in 2025).
- Geopolitical risks and central bank demand.
#XAUUSD #GramGold #Investment