Despite the slight decline recorded by gold at the end of the week, the yellow metal continues to attract the attention of investors around the world after touching historical levels close to $4,400 an ounce, driven by the escalating trade tension between the United States and China and the continuing US government shutdown, which has strengthened the demand for safe havens.

Economists who spoke to Al Jazeera Net believe that the current wave of rise reflects markets’ fears of global economic turmoil, with expectations that gold will continue to rise in the medium and long term.

The CEO of Strategies at Fortress Investment, Mustafa Fahmi, described what is happening as a “natural corrective movement” after the sharp rises last week, expecting prices to stabilize temporarily between $3,900 and $4,000 an ounce before resuming the rise, noting that the general trend remains upward supported by strong demand from central banks and financial institutions seeking to hedge against inflation and the decline of paper currencies.

For his part, the investment manager at Al-Ahli Financial Brokerage Company, Walid Fuqaha, considered that the technical picture of gold is still positive despite the increased risks, pointing out that the precious metal has maintained strong upward momentum after touching $4,400 an ounce before closing at about $4,270. He expected gold to move in a range between $4,100 and $4,300 during the next week, in the absence of major economic or political developments.

In turn, the investment manager at Aventicum Capital Management, Talal Al-Samhouri, confirmed that the general trend for gold will remain upward during the next nine to twelve months, stressing the difficulty of predicting its weekly movement due to the large number of global variables.

According to a report by Bloomberg, gold has risen by more than 60% since the beginning of 2025, driven by a strong buying wave from central banks and index funds, in addition to the shift towards real assets in light of declining confidence in the global financial system.

As for investment advice, experts recommend gradual buying in stages to avoid the risks of incorrect timing, stressing that any drop in prices is “an opportunity to buy, not a reason to panic,” at a time when gold is strengthening its position as the world’s first hedging tool in the face of inflation and geopolitical tensions.

source: 961 today