Gold prices have surged over 26% in the past year to reach $2,476 per ounce, driven by several key factors that are expected to continue supporting higher prices. According to Robin Tsui of State Street Global Advisors, four structural and cyclical factors will likely push gold prices even higher going forward. These include ongoing geopolitical tensions, central bank gold buying, expectations of interest rate cuts, and increased safe-haven demand amid economic uncertainty. While gold has already had an impressive run, these underlying drivers suggest there may be further upside potential for the precious metal in the near future.