Gold’s Brave New World: What to Expect from Gold’s Price Outlook in 2025 and Beyond

Gold’s Brave New World: What to Expect from Gold’s Price Outlook in 2025 and Beyond

Gold Delivers Strong Gains in 2024

Gold delivered strong gains in 2024, rallying by more than 25% and hitting its all-time high. Those gains build on the strength that the precious metal has enjoyed over the past five years, during which time its price has increased by more than 70%.

Gold Expected to Continue Rally in 2025

Many analysts value gold for its intrinsic value and its applications in various industries. Those same analysts also feel bullish about gold in 2025. While analysts have different price targets in mind, the general consensus is that gold will continue to rally.

Goldman Sachs’ Gold Price Target

Research from Goldman Sachs suggests that gold can exceed $3,000 per troy ounce by the end of 2025. This projection suggests that gold continues its momentum. The analysis mentions central banks accumulating gold as a bullish catalyst for the precious metal.

JPMorgan’s Gold Price Target

JPMorgan is also bullish on gold, citing policy uncertainty and geopolitical risks as two bullish factors. The investment bank projects that gold will reach $3,000 per troy ounce, which is in line with Goldman Sachs’ price target.

How Credible are Gold Price Targets?

You should never make an investment based on price targets. The assumptions analysts use can be thrown out of the window with a single piece of breaking news. However, analysts do more research than the average individual. It’s their full-time job to stay well-informed on markets for assets like gold.

Should You Buy Gold?

Gold has been a vital medium of exchange for thousands of years, dating back to ancient Egypt. It is also a valuable resource for many industries, especially luxury products. Gold has delivered solid long-term gains and is up by more than 70% over the past five years.

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