Reported 1 day ago
Investors continue to show strong confidence in gold heading into 2025, following a remarkable 2024 where prices surged 27% to nearly $2,800 per ounce. Central bank purchases, Federal Reserve monetary policies, and gold's status as a safe haven during geopolitical tensions support this bullish sentiment. With concerns over potential trade disruptions and inflation under Donald Trump's presidency, many view gold as a protective asset. Predictions for 2025 suggest prices could reach up to $3,000, despite recent declines due to market euphoria following Trump's election victory.
Source: YAHOO