Geopolitical tensions combined with weak selling pressure, even as prices repeatedly hit new highs, are leading many experts to predict gold will exceed 5,000 USD this week.
Safe-haven demand, following the US president's threat of increased tariffs on Europe, has driven gold prices close to 4,690 USD and silver near 95 USD an ounce.
Geopolitical instability, low interest rates, and continuous central bank purchases are factors that could drive gold prices higher this week, according to experts.