Gold prices have gained more than 40% over the past 12 months and despite a pullback, experts see more bullish signs for the yellow metal to move even higher in the coming months.

However, the price of gold is not immune to volatility, especially in the short term. So while the price of gold has been rising, will it continue to do so this spring? Historically, gold has held its value or appreciated during economic strain or high inflation — so given today's economic hurdles,

Vietnam gold bar price fell 0.77% to VND90.5 million (US$3,541.03) per tael Friday morning as global bullion rates were set for their biggest weekly drop in over three months.

With the start of a new month quickly approaching and the major dynamics that have drove the price of gold to spike repeatedly, many investors may be wondering about the potential for the price to hit $3,000 this March. Below, we'll break down three reasons why that could easily happen.