Gold Prices Hold Near $3,000 as Economic and Geopolitical Concerns Persist

The Federal Reserve's upcoming policy decision and global tensions continue to drive demand for the safe-haven asset.

Gold prices reached a historic high of $3,004.86 per ounce on March 14, 2025, and remain near the $3,000 mark.
Economic uncertainty fueled by U.S. tariff policies and weak consumer sentiment has increased demand for gold as a hedge against inflation.
Geopolitical tensions, including U.S. military actions in Yemen and Israeli strikes in Gaza, have bolstered gold's safe-haven appeal.
The Federal Reserve's upcoming monetary policy meeting is being closely watched for potential interest rate cuts, which could influence gold prices further.
Gold has risen approximately 14% in 2025, with analysts forecasting potential further gains but cautioning about possible price volatility.