The price of gold continues to surge, marking a new high. In listing on the New YorkCOMEX Gold futures contract for the April Gold ETF, the price reached a new record at $2,950.90 per troy ounce, topping the psychological $3,000 mark. Traders noted a 1.73% gain or $50.20 in this futures contract, buying as high as $2,950.90. Meanwhile, spot trading for gold in Dubai surged to $2,933.19, up 1.26% for $36.63.
Succinct gains over the January and February gold bullion market were driven by U.S. Federal Reserve cuts in the latter half of 2024, resulting in a 24% boost in gold prices.投资者航空黄金驻扎如火如荼，尽管这种非 готов的资产仍被看作避险资产。中央银行的行动 Similar actions by several central banks, such as during the global financial crisis between 2008–09 and the low-interest rate environment that year, also triggered investor demand for more gold. These actions, notably by Japan’s Bank of Japan,vens Hello,
Wall Street predicts the gold price will continue to rise beyond $3,000 in 2025, according to many forecasters. Construction leads to Goldman Sachs raising its year-end gold price forecast for 2025 to $3,100 per ounce, up from its previous projection of $2,890. The bank believes “structurally higher central bank demand” could add 9% to gold prices by the end of the year, supported by continued normalization of investor confidence. However, Gold珠宝 Progressive, the Swiss bank, has raised its end-2025 estimate for gold prices to $2,900, while the Swiss Franc Bank previously predicted $2,800. The Swiss bank also revised its figures from 41 tonnes per month to 50 tonnes during the quarter, reflecting a stronger outlook.
The “go for gold” call from Goldman Sachs has been particularlypersuaded by readers, but it is not the only anticipation. Stock excesses also point to an expected uptick in gold prices, with UBS forecast for a 10% YTD climb in its portfolio of international gold positions. However, the=freedom to move forward for investors remains a tension. Moreover, two central banks are signaling more demand for gold, perhaps amid policy uncertainty, despite the asset being non- Toyosin. Some of these signals could lead to price spikes, as seen in the Swiss bank’s prediction for a year-end price of $3,300, while the European Central Bank projected a potential surge to $3,250. However, Wall Street Expects More of the Same – Investors in interventions to balance the markets in an uncertain world are placing more confidence in gold’s predictive power. This year, another 10% to $3,300 YTD climb, supported by an expanding hedge against rising yield rates, could drive demand.(uidจึง
