: The price has risen roughly 3.86% over the past month, recovering from a sharp 10% correction in March.

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: Anticipation of future interest rate cuts by the U.S. Federal Reserve remains a bullish catalyst, as lower rates reduce the opportunity cost of holding non-yielding assets. Expert Forecasts for 2026

: Ongoing large-scale regional conflict in the Middle East, including the closure of the Strait of Hormuz on March 27, has added a significant risk premium to gold.

The current elevated price levels and recent volatility are attributed to several critical factors: