#Gold 🤩😡🙂‍↕️

The gold market is experiencing significant fluctuations, with prices dropping over 8% to around $4,900 per ounce due to profit-taking and a stronger US dollar. However, analysts remain bullish, with UBS raising its gold price target to $6,200 for March, June, and September 2026, citing,...,. stronger-than-expected demand .🤠🙄

*Key Factors Influencing Gold Prices.😶

- _Geopolitical Tensions. Ongoing conflicts and trade uncertainties are driving safe-haven demand.🌛

- _US Monetary Policy, Expectations of interest rate cuts are supporting gold prices.

- _Central Bank Purchases,Emerging markets are diversifying reserves, boosting gold demand.

- _Dollar Strength,A firmer dollar is currently pressuring gold prices .😶

Some analysts predict gold could reach $7,200 per ounce if geopolitical risks escalate .🤠🙄