Technical charts show a golden cross pattern forming, adding weight to an optimistic gold price forecast Daniel Foelber has positions in Starbucks and has the following options: short October 2025 $85 calls on Starbucks. The Motley Fool has positions in and recommends Starbucks. The Motley Fool recommends Dutch Bros, Lockheed Martin, and RTX. The Motley Fool has a disclosure policy . Analysts with Citi are a bit more bearish, however. The bank expects the price of gold to consolidate in the third quarter between $3,100 and $3,500 per ounce, driven by safe-haven actions based on geopolitical risks, the impact of U.S. tariffs and concerns over the U.S. budget. Gold price forecast 2024 incorporates geopolitical risk premiums, with tensions in key commodity corridors likely to lift safe-haven flows toward bullion.
