Gold price outlook forecast maintains bullish bias toward Q3 highs

Gold price outlook forecast maintains bullish bias toward Q3 highs near $2,500/oz, supported by declining real yields and record quarterly profits among leading gold miners. Disclaimer: This article does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences. Explore 11 other fair value estimates on SPDR Gold Trust - why the stock might be worth less than half the current price! The latest gold price outlook forecast suggests a strong bullish bias, driven by central bank purchases that exceeded 60 tonnes in May. Market analysts highlight that XAUUSD’s correlation with equity volatility remains elevated, indicating risk-off sentiment.