Group 1 - The core viewpoint of the articles indicates that the price of spot gold is experiencing a rebound, currently trading around $4592.80 per ounce, following a period of profit-taking after previous gains [1] - Strategists from State Street Global Advisors report that the probability of spot gold surpassing $5000 per ounce this year has exceeded 30%, driven by recent price momentum and geopolitical dynamics [1] - The demand for gold from central banks is expected to support physical demand, providing stability to the precious metals market [1] Group 2 - The daily chart shows that the 21-day Simple Moving Average (SMA) is above the 50-day, 100-day, and 200-day SMAs, indicating strong bullish momentum [2] - The 14-day Relative Strength Index (RSI) is at 70.17, suggesting that prices may pause or experience a slight pullback [2] - The 21-day SMA at $4417.93 provides immediate dynamic support, and as long as prices remain above this level, the upward trend is intact [2]

Core Insights - The report from State Street Global Advisors indicates that the probability of spot gold surpassing $5,000 per ounce this year has exceeded 30% due to recent price momentum and geopolitical dynamics [1] - By 2026, gold is expected to be in a favorable position supported by factors such as rising global debt burdens, Federal Reserve policy direction, and potential volatility shocks [1] - The correlation between U.S. stocks and bonds is likely to remain positive in 2026, which could increase the allocation of gold in investment portfolios as investors seek liquidity alternatives [1] - Central bank demand for gold is anticipated to support physical demand, providing a stable anchor for the precious metals market [1]