GOLD - price forecast next week will continue to increase

Concluding the final session of the week, the gold price in the global market hovered near 1,914 USD per ounce. Overall, there was a rise of 28 USD per ounce in gold prices during the previous week.

The majority of investors anticipate a surge in gold prices by September 1st. Nevertheless, market analysts exhibit greater caution.

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Gold prices traded near $1,915 per troy ounce during the Asian session on Monday, extending last week's gains.