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This year, gold prices may peak in the summer, with several factors still exerting influence!
Analysts estimate that in 2025, the average price of Gold will be about $2,750 per ounce, which is 3% higher than previous estimates.
Reports on Trump's tariffs make Gold attractive for opportunistic Bids! FXStreet Senior Analyst's latest Trading analysis on gold prices.
On Tuesday morning in the European market, spot Gold maintained a rebound trend during the day, with the current gold price around $2670 per ounce. FXStreet senior Analyst Dhwani Mehta wrote that speculation surrounding Trump's tariff plans is influencing the movements of the dollar and gold prices. Technically, based on the daily chart of gold, the price shows a 'Buy on dips' trend.
The price of Gold is expected to stabilize by 2025, and a significant surge is unlikely to occur again.
Gold has entered a new paradigm, and the difficulty of continued growth is increasing.
This world is still very Bullish on Gold, and significant fluctuations are expected this year.
Gold is overbought and faces a correction in the short term, but strong fundamentals indicate that the long-term upward trend of gold should continue.
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