Is Gold About to Enter Its Biggest Bull Run Since 2020?
Gold prices have surged toward $4,400 per ounce, driven by safe-haven demand, a weaker US dollar, and aggressive stockpiling by China. Analysts suggest that institutional momentum could trigger further price increases if the $4,400 resistance level is broken.
Why it matters
Gold's performance is a key indicator of global economic uncertainty and shifts in central bank reserve strategies.
Gold has stormed back into the spotlight and its next move could leave late buyers chasing. On August 5, the yellow metal surged almost 7% – roughly $174 – to close near $4,308 an ounce, posting one of its biggest daily advances in recent history.Gold trades around 4,364.685, staging a strong rebound from lows near 4,000.00 and pushing back toward the 4,400.00 level. Source: TradingView.A weaker U.S dollar, falling Treasury yields, changing Federal Reserve expectations and renewed safe-haven demand all struck at once. The biggest Commodity rallies often begin when several forces converge before markets recognize the opportunity.Technically, Gold is trading in its tightest structure since August 2025 – the period that preceded a 60% advance over the following five months.
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