Analyst: Gold price is expected to reach the $3,600-$3,900 range in the coming months

Jinse Finance reported that Priyanka Sachdeva, an analyst at Philip Nova, stated in a report that if the spot gold price continues to break through $3,500, gold prices may reach the range of $3,600 to $3,900 per ounce in the coming months. She said that the United States' aggressive tariff stance has increased geopolitical risks and fueled safe-haven investments. She noted that factors such as expectations of interest rate cuts, political turmoil, and strong ETF demand have turned gold from a tactical hedge into a strategic must-have asset for many investors. Sachdeva believes that the $3,800 per ounce target could be the first clear psychological threshold for gold prices to break through the current high. (Golden Ten Data)