Heritage Foundation

Gold prices have soared past $2,700 per ounce as inflation concerns and economic uncertainty push investors toward safe-haven assets. Analysts predict that gold could reach the significant resistance level of $3,000 an ounce later this year. Despite some consolidation, the precious metal is showing impressive strength against major global currencies. Investors are increasingly eyeing gold as a hedge against rising economic volatility and inflation, with gains expected to continue as the U.S. dollar remains strong.