TechFlow, September 3 — According to Jinshi Data, Philip Nova analyst Priyanka Sachdeva stated in a report that if spot gold prices sustain above $3,500, gold could reach a range of $3,600 to $3,900 per ounce in the coming months.
She said that the U.S.'s aggressive tariff stance has increased geopolitical risks, fueling safe-haven investments. She noted that factors such as rate cut expectations, political unrest, and strong ETF demand have transformed gold from a tactical hedge into a strategic necessity for many investors. Sachdeva believes a target of $3,800 per ounce could be the first clear psychological level once gold breaks through its current highs.
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