Analysts: Gold prices may need a "structural breakthrough" to stabilize above $4000.

Jin10 data reported on October 6, analyst Priyanka Sachdeva from Phillip Nova stated in a report that to stabilize gold prices above the $4000 per ounce mark, a “structural breakthrough” may be necessary. The gold price has surpassed $3900, setting a historical high, and is expected to further reach $4000. Sachdeva believes that the global economic slowdown, rising fiscal pressures, and weak policies will continue to drive safe-haven demand, thereby supporting the rise of gold prices. However, she pointed out that to “convincingly break above” $4000, new driving factors may need to emerge, such as a sharp decline in the global economy, deeper geopolitical rifts, or a clear policy shift from the Fed. “As the market approaches historical highs, investors should be prepared for increased fluctuations.”