Gold prices surged past $4,000 per ounce in October 2025. Investors are eyeing a potential short-term correction. Safe-haven demand, central bank buying, and expectations of Federal Reserve rate cuts have fueled the rally. Experts warn gold is overbought, but the medium-term outlook remains bullish. ING forecasts an average gold price of $4,150 in 2026, while Goldman Sachs targets $4,900. Rising inflation and geopolitical uncertainty continue to support bullion. Can the bull run sustain momentum, or is a pullback imminent?