OpenAI recently unveiled a much more artificial intelligence model named o1. Drawing attention especially in making logical inferences, o1 recently predicted gold prices. So what will the price of gold be according to artificial intelligence?
OpenAI o1 said gold will reach 3000 dollars
Analyzes with OpenAI o1 claimed that the price of gold will rise significantly in the next two years. The artificial intelligence model predicts that gold could reach a price between $2900 and $3100 per ounce by December. Let us remind you that it is currently around 2500 dollars.
o1’s forecast also coincides with the views of other experts in the markets. Bloomberg strategist Mike McGlone expects gold to reach $3000 per ounce. Hedge funds, on the other hand, believe that gold will perform better in the future, saying it may be preferred over crude oil.
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Gold is currently trading around $2580, having hit an all-time high of $2586 earlier this month. Analysts said that while gold continued its rise, it fixed the $ 2500 resistance.
According to o1’s analysis, global economic uncertainty and geopolitical tensions will continue to drive demand for gold. Recession concerns and conflicts in various regions keep investors in gold as a safe haven.
If the predictions of the o1 model are correct, gold investors could see returns of more than 15 percent over the next two years. This suggests that gold prices will rise in the current economic and geopolitical tensions.
Note: This content is not investment advice. It is intended for informational purposes only.
