Gold gains ahead of Fed decision; analysts predict $5,000 by 2026

• Gold prices rose slightly as investors awaited the US Federal Reserve's policy meeting and Chair Jerome Powell's comments.
• Gold increased by 0.17% to $4,225/ounce on COMEX, and silver rose 0.38% to $58.65/ounce.
• Analysts predict gold could reach $5,000/ounce by Q1 2026, supported by strong fundamentals and central bank purchases.
• The market expects a 25 basis point Fed rate cut, which would make non-interest-bearing gold more attractive.
• Geopolitical tensions, a falling dollar, strong ETF purchases, and central bank investments are expected to further boost gold and silver prices.

Why It Matters: Gold's potential surge to $5,000 could significantly affect your investments.