Gold Prices Maintain Momentum Above $3,000 Amid Recession Fears Gold continues to hold above the $3,000 mark, supported by Fed rate-cut expectations and U.S. recession concerns. While geopolitical developments and China's stimulus boost risk appetite, gold's safe-haven appeal remains strong. Analysts foresee potential retests of last week's highs around $3,058, with downside risks capped near $2,954.23