Iau stock price today forecast is aided by seasonal gold demand from

IAU stock price today forecast is aided by seasonal gold demand from Asia in the run-up to major festivals, which historically tightens supply chains. This pattern could reinforce market bids above $47. The Materials sector was weak. Stocks in the index include metals and gold producers Newmont ( NEM ) , which slipped 0.8% to $47.36 and Freeport-McMoRan ( FCX ) , down 1.1% at $40.25. The most recent analyst rating on (TSE:IAU) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on i-80 Gold Corp stock, see the TSE:IAU Stock Forecast page . IAU stock price today forecast highlights that safe-haven demand is increasing as equity markets experience risk-off sentiment. Gold correlations suggest a possible sustained move to $47.80, supported by ETF inflow data from Tuesday’s close.