A new milestone is bound to be set! The gold bulls firmly believe that the price of gold will rise to $3000.

With the global major central banks easing monetary policy and intense competition in the US presidential election, the gold bulls are firmly bullish on the price of gold, which is expected to soar to a new record and is projected to reach the milestone of $3000 per ounce.

Zhitong Finance24minutes ago

Fed to Be the Focus of the Gold Market Next Week – Commerzbank

FXStreet08:20 ET

Is the outlook for gold, silver, and copper optimistic?

The metal market this year has undoubtedly experienced significant volatility, especially in gold, silver, and copper.

CME Group05:27 ET

Metals Prices Expected to Be Steered by Fed Bets - Market Talk -- Market Talk

WSJ21:41 ET

Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcn19:04 ET

Gold Rallies to Another Record High; Analyst Says Could Go 'a Lot Higher'

Seeking Alpha17:55 ET