Asiri: Fed tightening may lower gold below $4,000

Experts' forecasts indicate that the monetary tightening policy implemented by the Federal Reserve will lead to a drop in the gold price below $4,000 per ounce. Some expect it to fall even further as interest rate hikes continue. Despite these predictions, others believe that gold declines will be temporary, and demand for the metal will remain high. There is also evidence suggesting that inflation and economic conditions will influence the yellow metal's price. Overall, opinions vary regarding gold's ability to withstand Federal Reserve policies, with forecasts suggesting that the price could decline if the tightening policy persists.

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