🌤️ Gold Weather Update
🌡️ Current Price: $4,300
📊 4-Month: $3,970 – $4,885
🌤️ Outlook: Partly Cloudy.
Gold is back around $4,300, Forecasters on Glimpse expect price to recover over the next few months, with the most likely path moving toward ~$4.5K by January.
The contrast with Bitcoin is getting bigger. Over the past 30 days, Bitcoin is up ~7% while gold is down ~8%, as investors have leaned toward risk assets despite higher rates.
Gold is bouncing today after a sharp sell-off, but Fed tightening and a stronger dollar remain the main headwinds.