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In a note published Tuesday, the bank projected that gold will reach $3,000 an ounce by the end of 2025, implying an 8% increase from its current price. It offered three reasons for the forecast:
Thomas expects gold to reach $3,000 per ounce by the end of 2025. Gold could also benefit if conflicts around the world continue to increase, according to CFRA analyst Matthew Miller.
Goldman Sachs expects gold to reach $3,000 an ounce by the end of 2025. The metal's rally has wavered as the dollar gained ground since Donald Trump's election.
Wall Street analysts expect gold's rally to keep going in 2025 after the precious metal saw its biggest annual jump in 14 years. On Thursday, gold futures jumped more than 1% to hover above $2,670 ...
Gold has indeed been on a tear, surging 39% over the past year as investors flock to it as a hedge against inflation and economic uncertainty. There are many ways to gain exposure to the precious ...
Some industry experts say 2024 could see gold's price reaching $3,000, but it's more probable in early 2025. Below, we explore two scenarios based on their insights. Yes, gold could hit $3,000 in 2024
"Changes in demand tend to move gold prices more dramatically than changes in supply," explains Daniel Boston, founder of Preserve Gold. He says gold mining production has grown just 9% over the ...
This article originally appeared on GOBankingRates.com: 4 Bills the Middle Class Should Expect To See Increase in 2025. Show comments. Advertisement. Advertisement. In Other News. Entertainment.