Gold holds $3,260 again for the time being as Reuters price poll emerges

Subsequent to the previous update on Gold, the metal fell to a fresh session low at $3,268.47. That low pretty much matched the low seen on Monday, when it  also fell to $3,268. The price has since bounced back above $3,280 this morning, as a new Reuters poll on 2025 and 2026 forecasts emerges. First of all to note; there is no guarantee that poll is accurate, but it does contain the following results. Those players polled expect Gold to average $3,065 in 2025 and $3,000 in 2026. Please make of that what you will, but in the short term you can see the metal has so far not tested that prior interim low, in place just above $3,260 from the low point reached last Wednesday, April 23. At the same time there is also potential for more sellers to step in ahead of the monthly close tonight. We shall just have to see on that. Gold is currently trading at $3,279.75