Gold on the brink of another price surge?
In a bullish outlook for gold investors, several analysts have predicted significant increases in the price of gold over the next 14 months and beyond.
According to WisdomTree, the price of gold could reach around $3,300 per ounce by the end of 2025, with potential for further increases in 2026. This prediction is driven by inflation and increased institutional buying, as stated by Nitesh Shah, Head of Commodities and Macro Research at WisdomTree.
Similarly, analysts at Bank of America and Citibank have projected strong gold prices by 2025, with values potentially exceeding $3,300 per ounce. While exact figures were not provided by these institutions, their outlook generally aligns with expectations of significant upward pressure on gold prices by 2025 due to macroeconomic factors like inflation.
The overall consensus among these analysts is a bullish trend for gold, with prices expected to rise past $3,300 by 2025. However, no precise forecasts month-by-month for the next 14 months were detailed in the search results for these specific analysts.
A weakening U.S. dollar could also be a driver for gold's price, as investors often turn to gold as a safe haven during times of economic uncertainty.
For those interested in investing in gold, the ISIN for gold is XC0009655157. Investors should consider consulting with a financial advisor to determine the best approach for their individual investment goals.
| Institution | Predicted Gold Price by 2025 | Notes | |-----------------|-------------------------------------|------------------------------------------------| | WisdomTree | ~$3,300+ per ounce | Bullish trend driven by inflation, institutional buying[1] | | Bank of America | ~$3,300+ (aligned with market consensus) | No exact figure found, anticipated rise due to macro factors[1] | | Citibank | ~$3,300+ (aligned with market consensus) | No explicit numbers found, expected bullish outlook[1] |
[1] Based on search results from various financial news sources.
Finance experts at WisdomTree, Bank of America, and Citibank all anticipate increased gold prices by 2025, with potential investments reaching or exceeding $3,300 per ounce. Investors interested in this type of financing and investing might find the ISIN for gold as XC0009655157 beneficial, but it's recommended to consult with a financial advisor to determine the best approach for individual investment goals, as the exact price fluctuations month-by-month for the next 14 months remain uncertain.
