At an event hosted by the London Bullion Market Association, a survey found that traders, refiners, miners, and others in the precious metals industry expect the price of gold to rise 10% by October 2025.
“The uptrend for gold looks strong, and I believe we could rally into year-end…. I continue to be impressed by gold’s resilience in the face of recent dollar gains.”
—Peter Grant, vice president and senior metals strategist, Zaner Metals
What factors are expected to push gold to new heights?
Click on the video link below for exclusive exective insights on this topic from Edmund C. Moy, 38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money Reserve.
Related headlines from around the web:
- Bloomberg: “Gold Industry Sees Bullion Surging 10% in a Year to Record High”
- MarketWatch: “Gold may not reach a price ceiling anytime soon. Here’s why.”
- Reuters: “Central banks remain keen buyers of gold, representatives tell bullion conference”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
