A “variety of multiple time frame technical signals and conditions warn of uptrend exhaustion,” writes BofA’s Paul Ciana.

As Goldman Sachs predicts gold will hit US$4,000 an ounce, a nuanced picture emerges on the ground in China, revealing a complex relationship with the precious metal.

A “variety of multiple time frame technical signals and conditions warn of uptrend exhaustion,” writes BofA’s Paul Ciana.

Gold futures have gained more than 50% this year as the dollar has weakened and President Donald Trump threatens Federal Reserve independence.

The asset had seen wider gains in 2025, particularly with President Trump ’s barrage of tariffs plunging much of the world into economic uncertainty.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe price of gold has surpassed $4,000 per…

Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.

Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan

Gold surged past $4,000 an ounce, up 50% this year, driven by investor fears over government debt, a weaker dollar, a buying spree by China’s central bank, and concerns the AI…

Gold can be a good investment during times of uncertainty, but there are trade-offs to consider.