Will FOMC Week Drive Gold to New All-Time Highs?

Gold is showing strength above $3350 following a recent retracement, aiming for key resistance levels around $3380 and $3400. Analysts expect this upward trend to continue towards potential new ATH targets of $3440-$3500 if favorable economic conditions persist. 2025’s FOMC minutes, unemployment claims, PMIs, and Powell’s Jackson Hole speech will impact gold prices as investors analyze these key data points. A hawkish Fed might pressure prices lower, while dovish signals or unexpected growth concerns could fuel a bullish climb.