Reported 3 days ago
Gold prices saw their largest yearly increase since 2010, with analysts from Wall Street projecting further gains in 2025. Following a 27% rise last year, gold is currently trading over $2,670 an ounce, fueled by expectations of interest rate cuts by the Federal Reserve and increased purchases from central banks. JPMorgan anticipates gold could reach $3,000 per ounce amid ongoing financial uncertainty, while Goldman Sachs suggests it could even climb to $3,050 with higher than expected bullion purchases.
Source: YAHOO