Gold Price Forecast: Hits Record High, Eyes $3,004 on Strong Momentum
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Gold prices have surged to a record high of $2,985, indicating strong bullish momentum. A close above $2,982 could push prices further to $3,004.
March 13, 2025 | 9:00 pm
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AAAU, a gold-backed ETF, is likely to benefit from the recent surge in gold prices to a record high of $2,985. If gold continues its upward momentum, AAAU could see positive price movement.
AAAU is directly tied to gold prices as a gold-backed ETF. The record high in gold prices suggests a positive impact on AAAU's value. If gold continues to rise towards $3,004, AAAU is likely to experience gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80