**"Gold Prices Rally to Multi-Month Highs: Analysts Eye Further Upside Amid Economic Uncertainty"**
Gold prices (XAU/USD) have surged to multi-month highs, reaching $3,493.41 per ounce.
- Gold price increased by 1.4% in the last 24 hours
- Year-to-date gain stands at 14.2%
- Analysts attribute the rally to:
Weakening US dollar
- Rising inflation expectations
- Geopolitical tensions
My target for gold prices is $3,600 per ounce in the near term."
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