Investment
Features
FeesSafety
Academy
More
Pluang+

Gold expected to end 2024 near $4,600 as central banks resume buying post-crisis.

Market News
06 Jul 2026
Kitco
View Source
Bullish
pluang ai news

Despite a sharp correction from record highs above $5,500, gold's long-term outlook remains bullish with prices forecasted to reach around $4,600 an ounce by year-end. Analyst Bernard Dahdah highlights that renewed central bank buying, as they rebuild reserves after disruptions from the Iran-US conflict and energy crisis, will drive the next phase of the gold bull market. This shift reflects a loss of confidence in the U.S. dollar's stability, prompting reserve managers to diversify with gold. Steady demand from China also supports higher price floors, reinforcing gold's role as a strategic asset in uncertain geopolitical times.

More News

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
41 minutes ago
Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

Market News
Bullish
4 hours ago
CHARBONE expands helium fleet amid global shortages, boosting North American supply and customer base.

CHARBONE expands helium fleet amid global shortages, boosting North American supply and customer base.

CHARBONE Corporation has increased its helium delivery fleet from one to five units to meet rising demand caused by global helium supply disruptions, notably from Qatar. This expansion supports North American customers in sectors like semiconductors ...

Market News
Bullish
4 hours ago
Citi initiates buy on Hikma Pharmaceuticals with a £17 target, citing strategic reset and growth potential.

Citi initiates buy on Hikma Pharmaceuticals with a £17 target, citing strategic reset and growth potential.

Citi has started coverage of Hikma Pharmaceuticals with a 'buy' rating and a £17 price target, highlighting the company's strategic shift towards differentiated products and US manufacturing investments. The broker sees a 14% potential share price re...

Analyst Insights
Bullish
4 hours ago
Xenon Pharmaceuticals advances with strong Phase 3 epilepsy data, eyeing NDA filing in 2026.

Xenon Pharmaceuticals advances with strong Phase 3 epilepsy data, eyeing NDA filing in 2026.

Xenon Pharmaceuticals is evolving into a late-stage, cash-rich neuroscience company with a validated Kv7 potassium channel platform. Its lead drug candidate, azetukalner, has shown strong effectiveness in treating refractory focal onset seizures and ...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App