Will gold shine in the fourth quarter?

Despite the new record highs of the US indices, gold continues to perform relatively well against the beginning of the year due to geopolitical tensions, uncertainty in Europe, and high ratings of US companies.
Since the beginning of the year, gold has risen by 9.2%, against a rise of 13.2% for the broad US state index S&P 500.
After a fourth consecutive week of decline, the price of gold was pushed to a near two-week high, at $1,300 per ounce as a result of mounting tensions between the United States and North Korea. Reactions of the latter side are currently awaited when judging the threats posed by its foreign minister.
In any case, however, all problems will hardly be solved suddenly, as the danger of deepening of one of the conflicting situations may mean a good last quarter for gold and other precious metals.
Experts believe that gold will soon test the psychological limit of $1,300, and if it returns over it, its appreciation may continue to 1,350 and later to 1,400 dollars.
In addition, a further weakness of the US dollar relative to other major currencies may further improve the outlook for the yellow metal.