Standard Chartered predicts gold prices will stabilize in the short term, with a potential surge to $3,100 before resuming its upward momentum, according to TradingView News.

Standard Chartered predicts gold prices will stabilize in the short term, with a potential surge to $3,100 before resuming its upward momentum, according to TradingView News.

Standard Chartered has adjusted its stance on gold, downgrading it from a top pick to a “core holding” as it anticipates a short-term consolidation in prices. Despite this year’s significant rally, the bank expects gold prices to experience a period...