As of March 9, 2025, gold is trading at approximately $2,919.80 per troy ounce.
Forecasts for the upcoming week (March 10–14, 2025) suggest a potential decline in gold prices. Predictions indicate that gold may reach around $2,789 on March 12 and $2,784 on March 13, with a slight rebound to $2,825 by March 14.
Technical analysis indicates that gold prices have experienced a slight decline recently, with spot gold falling by 0.1% to $2,892.00 per ounce on March 4, 2025.
Given these projections and technical insights, setting sell targets at $2,860 and $2,850 for the upcoming week aligns with the anticipated market trend. However, it's essential to consider that gold's long-term outlook remains bullish, with forecasts predicting prices could reach $3,265 in 2025 and $3,805 in 2026.
Please note that market conditions can change rapidly, and it's advisable to stay updated with the latest analyses and forecasts before making any trading decisions.