German bank: Gold is expected to rise by more than 3% this week.

Supported by the weakness of the US dollar and concerns about the US fiscal and economic outlook, gold is expected to rise by over 3% this week. Barbara Lambert, a commodity analyst at Deutsche Bank Research, said, "Gold is showing strength again, as demand for gold is particularly strong in times of political uncertainty, and another reason is that assets like the US dollar, which are considered safe havens, are currently under pressure."