Gold is now showing all its colors and charms, as the asset continues to embrace its breakout momentum. The precious metal is now moving at lightning speed, ready to embrace breakthrough points as the US dollar continues to weaken against the asset. With gold sitting at $3760 at press time, the new price target of $4K does not seem inevitable for the asset to claim. However, gold’s price trajectory seems much bigger than that, with the asset eyeing extended breakthrough momentum as the US economy continues to show a weaker stance.
Also Read: Gold Climbs To $3,719, Delivers 42% Returns in a Year
Gold Price: New Predictions
According to Rashad Hajiyev, a leading metals expert on X, precious metals may soon enter into a distinctive parabolic rally. Gold, especially, is now gaining rapid momentum. It may end up hitting the $4K price mark within the next two weeks.
“Gold is set to rally much higher over the coming years. But in the short term, it is eyeing $4k or higher.”
Gold is set to rally much higher over the coming years, but it short-term it is eyeing $4k or higher… pic.twitter.com/lWeLE4kePU
— Rashad Hajiyev (@hajiyev_rashad) September 22, 2025
Speaking about the technical aspects of the asset’s movement, the gold price chart is showing the asset moving towards the upper band of the rising broadening channel. This development showcases the asset’s relentless move towards claiming a new price spot, with $4K as the latest spot to claim, in a series of new price levels that the asset continues to eye in the long run.
“Gold is inching higher towards the upper band of a rising broadening channel. I think it will eventually break out and start rallying towards $4k…”
Gold is inching higher towards the upper band of a rising broadening channel. I think it will eventually breakout and start rallying towards $4k… pic.twitter.com/GFbIL9OjfN
— Rashad Hajiyev (@hajiyev_rashad) September 22, 2025
Why Is Gold Rising?
Gold prices have been bolstering due to a variety of reasons. The volatile stance of the Federal Reserve and the weakening of the dollar are both playing a crucial role in strengthening the asset. In addition to this, gold is also being driven by central banks intent on stockpiling the metal at a rapid pace.
“I think almost certainly gold will close above $4,000. Before the end of this year. Jeffrey Gundlach. The founder and CEO of investment manager DoubleLine Capital told CNBC last week. (As mentioned in the Investopedia gold report)
That being said, if the crucial US economy pillars continue to weaken, gold will continue to surge, even crossing the coveted $4K mark in the long haul.
Gold is just below $3,750. Silver hit $44 one day after closing a cent above $43. Wall Street is finally embracing precious metals. With the Fed cutting rates into an above-target and rising CPI, the message is crystal clear: inflation is here to stay, and investors must hedge.
— Peter Schiff (@PeterSchiff) September 22, 2025
Also Read: China’s US Treasury Holdings Hit 16-Year Low Amid Gold Shift
