GOLD LONG TERM TARGET 3000

GOLD LONG TERM TARGET 3000

Gold futures are contracts that obligate the buyer to purchase gold at a predetermined price on a specified future date. Prices are influenced by various factors, including:

Economic Indicators: Inflation, interest rates, and currency strength can impact demand for gold.
Geopolitical Events: Tensions and crises often lead to increased gold buying as a safe-haven asset.
Market Sentiment: Speculation and investor sentiment can drive price fluctuations.
Supply and Demand: Changes in mining output and jewelry demand affect overall supply dynamics.