Reported 1 day ago
According to the World Gold Council's 2025 outlook, gold is expected to experience 'much more modest growth' next year after achieving record highs and its best annual performance in a decade. Gold prices surged 28% through November in U.S. dollars, buoyed by central bank and investor purchases, while consumer demand, particularly from China, remained sluggish. The council warns that a pause or reversal in the U.S. Federal Reserve's rate-cutting strategy could dampen gold demand, highlighting the influence of macroeconomic factors on gold's market trajectory.
Source: YAHOO