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Gold Savings Slip to a Week Low, Experts Predict Further Price Increase

Gold Savings Slip to a Week Low, Experts Predict Further Price Increase

The gold savings of Taiwan Bank, priced in New Taiwan dollars, peaked at NT$3,652 per gram recently, but has since fallen due to changes in Trump's China policy and Fed Chairman Powell's stance, slipping below the crucial NT$3,600 and NT$3,500 marks. As of today (28th), the price stands at NT$3,469 per gram, reaching a week low, causing investors to lose nearly NT$20,000 over the past five trading days. Experts contend that gold prices have not yet peaked.

For instance, when the price peaked at NT$3,652, investing in 100 grams would cost NT$365,200; however, if one had purchased 100 grams on December 13, 2023, at NT$2,013 per gram, it would have only cost NT$201,300, saving NT$160,000 in the process.

According to a report from Standard Chartered Bank, the gold price has rebounded strongly after a brief pullback, with expectations that it will average at USD 3,675 per ounce by the fourth quarter of 2025, potentially breaking through the USD 4,000 mark in 2026 if market demand exceeds expectations.