Gold price outlook forecast suggests increased correlation with

Gold price outlook forecast suggests increased correlation with cryptocurrency volatility, as Bitcoin’s drop below $61,000 sparks some crossover buying in physical and paper gold. Discount Rate has risen slightly from 6.42% to 6.58%. This indicates a marginal increase in perceived risk or opportunity cost. We’ll examine how strengthened central bank gold accumulation influences SPDR Gold Trust’s investment narrative amid ongoing financial risk concerns. Gold price outlook forecast shows spot gold holding above $2,420/oz amid softening U.S. Treasury yields, as investors rotate into safe-haven assets before key inflation data. Traders watch 10-year yield near 4.28% as a driver for short-term gold moves.