PETALING JAYA: Gold prices are expected to remain bullish and rise to the US$5,000 per-ounce mark next year despite the recent technical correction and profit-taking following a record-breaking rally this year.
Analysts tracking the precious metal said support would come from a weakening US dollar from anticipated benchmark interest-rate cuts, continued US trade policy uncertainties, geopolitical risks and major central banks’ gold bullion buying spree.
