Gold just broke above 4,600 USD and it's not the usual safe-haven story.
Fiscal risk, a weak dollar, and record central-bank buying are driving the "debasement trade" back into focus.
Here's what could send it toward 4,780 USD next, or send it in reverse: https://insights.exness.com/deep-dives/gold-price-prediction-debasement-trade/
Exness
Gold Price Prediction: Debasement Trade Fuels Rally
Gold price prediction: XAU/USD surges past $4,600 as the debasement trade, dollar weakness and record central-bank demand drive the rally higher.
5August 28, 2026 948
