Gold hit a new record after crossing the $2900 per ounce mark. Since the beginning of 2025, gold has only been moving up, starting this year at $2625. In just 40 days, the price of the yellow metal has risen by over $270. As we have repeatedly predicted, the price of gold will only move up for a significantly longer period of time. Gold is currently trading at $2906.20, and the likelihood of it continuing to rise remains very likely. Towards the end of the week and next, we can expect a short downward correction. But in early March, the probability of a breakthrough above the psychological limit of $3000 per ounce is quite possible.