Gold’s Surge Depends on Geopolitical Tensions Versus Hopes for Trade- Spot gold rose to $3,980/oz on Oct 28, 2025, rebounding from prior losses amid shifting geopolitical risks and divergent analyst forecasts. - India's RBI boosted global demand by adding $31B to gold reserves in FY2026, citing strategic buffers against global uncertainty. - Banks remain split on 2026 gold prices: Citi cut its target to $3,800, while JPMorgan and Societe Generale forecast $4,753-$5,000. - Fed rate cut expectations and U.S.-China trade optimism pressured gold, though technical indicators hi
Bitget-RWA•2025/10/29 01:32