XAU/USD is currently trading at $4509.66, with a 0.72% increase. Analysts predict a bullish trend for gold, with potential targets at $2,791 per ounce in the short term. The forecast for January 2026 suggests a price range of $4,484.48 to $7,853.54, with an average annualized price of $5,815.10. ¹ ² ³
*Key Factors Influencing Gold Price:*
- _Geopolitical Tensions_: Ongoing conflicts and uncertainty are driving demand for safe-haven assets like gold.
- _Federal Reserve's Stance_: Expectations of interest rate cuts are supporting gold prices.
- _US Dollar Weakness_: A weaker dollar makes gold more attractive to international investors. ⁴ ⁵
*Short-Term Forecast:*
- Next 24 hours: $4,509.94 (0% increase)
- Next 7 days: $4,598.23 (1.97% increase)
- Next 30 days: $4,530.01 to $4,565.23 ⁶
*Long-Term Forecast:*
- 2026: Potential high of $7,853.54, with average price of $5,815.10
- 2027: Potential high of $5,752.49
Keep in mind that forecasts are subject to change based on market developments.#USNonFarmPayrollReport
