Analyst: A "structural breakthrough" may be needed for gold prices to firmly surpass $4,000

Jinse Finance reported that Phillip Nova analyst Priyanka Sachdeva stated in a report that a "structural breakthrough" may be required for gold prices to stably remain above the $4,000 per ounce mark. Gold prices have already surpassed $3,900, reaching a historic high, and are expected to further approach $4,000. Sachdeva believes that a global economic slowdown, rising fiscal pressures, and policy fatigue will continue to drive safe-haven demand, thereby supporting the ongoing rise in gold prices. However, she pointed out that a "convincing breakthrough" above $4,000 may require new driving factors, such as a sharp global economic downturn, deeper geopolitical fractures, or a clear policy shift from the Federal Reserve. "As the market approaches historic highs, investors should be prepared for increased volatility." (Golden Ten Data)