Gold has more room to run as geopolitics, cenbank buying fuel gains, analysts say

Core Viewpoint - Analysts predict that spot gold prices, which recently reached a record high of over $5,000 per ounce, are expected to rise further towards $6,000 this year due to increasing global tensions and robust demand from central banks and retail investors [1] Group 1 - Spot gold prices hit a record high above $5,000 per ounce on Monday [1] - Analysts anticipate gold prices to climb towards $6,000 this year [1] - The increase in gold prices is attributed to mounting global tensions and strong demand from central banks and retail [1]