Gold prices face uncertainty as market outlook remains mixed.

Gold is expected to reach $3,000 by October as markets experience a "melt-up," with the S&P 500 predicted to see at least 36% upside, according to David Hunter, Chief Macro Strategist at Contrarian Macro Advisors. Hunter believes that the markets are nearing the end of a 41-year secular bull cycle which began in 1982. He also predicts that the Fed's tightening policy could trigger a significant recession, causing stock markets to crash by up to 80%. After reaching new all-time highs, gold and silver are expected to crash to their prior levels, but will see significant upsides by 2030.