Gold Price Outlook for the Rest of 2025

SEATTLE (Scrap Monster): Due mostly to increased purchases prompted by growing geopolitical tensions and inflation worries, gold prices rose by almost 25% in 2024. Given that these factors are still at work this year, analysts have forecast where gold prices will go in 2025.

In March 2024, the most bullish gold analysts predicted that spot gold prices would rise to $2,300 or $2,400 an ounce within the next year or two. But by the summer of last year, the commodity's price had risen to $2,400 per ounce. Since then, the prices have continued to rise, and as of yesterday, they were over $2,950 per ounce. The price may soon rise above the $3,000 per ounce mark if the current strong trend continues.

RELATED NEWS:

Gold Hovers New Record Peak on Weaker US Dollar; US Data Eyed

Gold Prices Inch Closer to $3,000: 3 Reasons to Invest Now

According to Luciano Duque, chief investment officer at C3 Bullion, there is still potential for gold prices to rise in the near future. The likelihood of a robust downturn is dwindling. If there are any drawbacks, they would be minor and transient. According to him, the price of gold is probably going to start rising again, albeit more slowly.

According to Goldman Sachs, federal debt may serve as a stimulant to raise the price of gold. The prices are near such levels even in the second month of the year, despite the agency's earlier prediction that they would reach $3,000 per ounce by the middle of the year. "Goldman Sachs added that we might not see the sub-$2,000 gold price levels again."