After a week of fluctuations around the USD 4,500 mark, over half of Wall Street experts and individual investors believe gold prices will continue to recover next week.
Gold prices are fluctuating rapidly due to widespread margin call selling pressure in financial markets, making all predictions at this time high-risk, according to experts.
Following a sharp decline of over 10% last week, most Wall Street experts predict global gold prices will continue their correction this week, potentially falling to 4,000 USD an ounce.
Wall Street analysts are divided on gold price forecasts, while individual investors remain optimistic about market growth amid the Middle East conflict.