Gold has hit a new record after breaking through the $2,900 per ounce mark. Since the beginning of 2025, gold has only been moving up, starting this year at $2,625. In just 40 days, the price of the yellow metal has risen by over $270. As we have repeatedly predicted, the price of gold will only move up for a significantly longer period of time. Gold is currently trading at $2,906.20, and the likelihood of it continuing to rise remains very likely.
Towards the end of the week and next, we can expect a short downward correction. But in early March, the probability of a breakthrough above the psychological level of $3,000 per ounce is quite possible.
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