Gold price forecast analysis reveals that holdings in major

Gold price forecast analysis reveals that holdings in major gold-backed ETFs have picked up after weeks of declines, reflecting renewed investor confidence. Price momentum is expected to strengthen if holdings sustain above the 12-month average. The general public, who are usually individual investors, hold a substantial 60% stake in Western Copper and Gold, suggesting it is a fairly popular stock. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. Read previous coverage: Gold (XAU/USD): In a bullish consolidation above US$3,688 despite a firmer US dollar In gold price forecast analysis, analysts highlight geopolitical tensions in the Middle East as a persistent driver of safe-haven demand. Price action remains sensitive to crude oil volatility, which often influences inflation expectations.