Gold Prices Surge as Dollar Weakens and Central Banks Boost Demand

Economic analysts say gold is moving toward breaking the dollar’s dominance, with demand rising from individuals, corporations and central banks. Expert Ahmed Anizan noted that trading above $4,000 per ounce has created expectations of a climb to $6,500‑$7,000, especially as geopolitical tensions in the Strait of Hormuz and supply‑chain disruptions keep inflation concerns alive.

At the same time, recent market data show a sharp pull‑back in gold prices as the U.S. dollar strengthen and investors shift to risk‑on assets. Prices have slipped into a $4,000‑$4,500 range, but analysts anticipate a possible rebound to $5,000‑$6,300 by the end of 2026 if central‑bank buying and geopolitical risks re‑intensify.