KWD/USD Price & Performance (KWDUSD)

Gold prices eased back to $3,023 per ounce after a strong rally last week. Analysts suggest falling cryptocurrency values and bearish stock market sentiment could push gold higher, with some forecasting prices to reach $4,000 by 2026. The precious metal remains a favored safe-haven amid ongoing economic uncertainty.12

Gold continues to hold above $3,000 per ounce, benefiting from strong safe-haven demand. Trade war fears, geopolitical tensions, and central bank purchases, particularly from China, have bolstered prices. Investors are now watching for the Federal Reserve's policy updates, which could influence further movements in the gold market.3

Gold prices have remained resilient, supported by haven demand amid tariff uncertainty and weaker U.S. economic data. While profit-taking has capped recent gains, the metal continues to attract buyers. Analysts highlight that upcoming Federal Reserve comments and economic reports could have a significant impact on gold's trajectory.45