GOLD
Major financial institutions such as Citi and UBS have raised their gold price projections, forecasting prices close to $3,000 per ounce. This optimism is fueled by growing concerns over trade wars, geopolitical tensions and global economic uncertainty, which are driving demand for the precious metal as a store of value. This positive trend is directly reflected in the gold-backed cryptocurrency market, with tokens such as
$PAXG and
#XAUT tracking the appreciation of physical gold and outperforming the overall crypto market.
Gold's rise is driven not only by geopolitical and economic uncertainty, but also by the increasing accumulation of the metal by central banks around the world. Analysts highlight gold's "enduring appeal as a store of value and hedge against uncertainty", reinforcing its position as a safe haven asset in times of volatility.
In short, the confluence of macroeconomic and geopolitical factors is creating a favorable scenario for gold, also benefiting digital tokens backed by this precious metal. The upward trend seems to be consolidated, with optimistic forecasts for the near future.
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