Reported 1 day ago
Gold prices are anticipated to soar in 2025 amid economic uncertainty and inflation concerns during Donald Trump's second term as U.S. President. A recent survey of analysts and traders predicts a median price of $2,756 per troy ounce, up from previous forecasts. The ongoing geopolitical tensions and potential trade conflicts could further bolster demand for gold as a safe-haven investment, despite challenges in the jewellery market due to price sensitivity in Asia. Meanwhile, silver is expected to face a supply deficit, although its investment demand remains tepid.
Source: YAHOO