Gold prices are projected to increase by around 10% next year. On the 16th, the London Bullion Market Association (LBMA), which leads the global gold market, forecasted that by October next year, gold prices will reach approximately $2,917.40 per ounce, about 10% higher than current levels. Spot gold prices have surged by around 29% this year alone. Amid growing geopolitical tensions and economic uncertainty, gold's appeal as a safe-haven asset has attracted investors. [Yonhap]