Gold Prices Today: Buy or sell?Gold prices today continue to hover around the $2,900 mark, showing little volatility compared to the previous trading session. The precious metal remains within the active zone of the Bollinger Bands, lacking a clear directional trend.
That said, market FOMO and strong gold demand from Asia are helping to keep prices stable. However, ongoing geopolitical uncertainties—particularly the risk of U.S. tariffs and the potential for trade wars—could negatively impact the global economy, further reinforcing gold’s status as a safe-haven asset.
Despite this, gold may face short-term downside risks, as speculative traders continue to dominate the market. While the metal remains resilient, it has yet to establish a new all-time high, suggesting the possibility of a temporary pullback before resuming its upward trajectory. If this correction occurs, gold is expected to regain momentum, with $3,000 per ounce as the next major target in the near future.
