Gold is in a long-term bull market, with price targets of USD 4,000-5,000 in the medium term and potential highs of USD 8,900 by 2030, according to "Gold We Trust Report 2025" by Liechtenstein-based investment and asset management firm Incrementum.
Gold are prices likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday.