Global gold prices have experienced significant fluctuations in recent months, influenced by various macroeconomic factors. As a safe haven asset, demand for gold usually increases when economic uncertainty arises. Currently, the price of gold is in the range of USD 1,800 to USD 1,900 per ounce, showing a fairly stable trend but with the potential for a spike. One of the main factors that influences the price of gold is interest rates. Given the tight monetary policies in many countries, including the United States, investors pay a lot of attention to the decisions taken by the Federal Reserve. Rising interest rates often make risky assets, such as gold, less attractive because the opportunity cost of not investing in bonds or other interest-bearing instruments increases. However, inflation uncertainty remains a driver of confidence in gold. Apart from interest rates, the value of the currency also plays an important role. A strong US dollar generally has a negative impact on gold prices, as gold prices are measured in dollars. When the dollar strengthens, gold becomes more expensive for buyers denominated in other currencies. Currently, fluctuations in the dollar exchange rate are also influenced by global economic growth and political stability in various parts of the world. In terms of demand, the jewelry and industrial sectors also contribute a significant figure to global gold consumption. The markets of countries like India and China are very important, where the demand for jewelery increases ahead of the festive season. Increased demand in this market can often stabilize gold prices despite pressure from other factors. Technical analysis suggests that gold may experience consolidation in the short term. The important support level is at USD 1,750, while resistance is seen around USD 1,900. Indicators such as Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) give mixed signals. This shows that investors need to be careful before making a decision. Future gold price projections show the potential for increases in line with increasing geopolitical tensions and economic uncertainty. If buying and selling between countries continues without a resolution, gold could again become a highly sought after asset. In an optimistic scenario, gold prices could break the USD 2,000 level by the end of the year if this trend continues. Investors are advised to monitor economic news and Covid-19 vaccine talks, which may influence the overall market. Time intervals also matter a lot; weekly analysis will be essential for spotting significant price changes, while monthly analysis provides a broader view of one-way trends. With all the factors influencing global gold prices today, it is important for investors to stay informed and develop the right investment strategy. Applying a diversification approach and utilizing other investment instruments can also minimize risk.