Gold News

According to consulting firm Metals Focus, central banks worldwide are set to acquire approximately 1,000 tons of gold in 2025. This would mark the fourth consecutive year of large-scale purchases as regulators seek to diversify their financial assets through precious metals.

Gold prices kept rising after the release of weaker-than-expected US economic data. According to Bloomberg, the statistics bolstered market projections of at least two interest rate cuts by the Federal Reserve (Fed) this year to avert a recession.

Saxo Bank analyst Ole Hansen has noted a sharp rise in gold and silver prices, which he attributes to changes in the macroeconomic environment. The Bloomberg Dollar Spot Index is trading near a two-year low, contributing to the increase in precious metal prices.

According to Reuters, gold prices climbed on Wednesday, recovering from losses in the previous session. The rebound was driven by increased demand from Asian traders and renewed worries over US President Donald Trump’s trade policy.

State Street Global Advisors (SSGA) predicts that gold prices could climb to $5,000 per ounce within the next few years. Such an increase will be largely driven by sustained central bank gold purchases and renewed demand for bullion-backed exchange-traded funds (ETFs).

Peruvian authorities forecast that the country's copper production will reach 2.8 million tons this year, which is slightly higher than last year's figure of 2.7 million tons. This increase will be driven by investments in the mining industry totaling $4.8 billion.

Central banks have become a major driver behind gold's record price surge. While their exact purchases remain undisclosed, there are no signs of this trend slowing down, Bloomberg reports.

According to FXEmpire.com, the US economy is experiencing a period of growth. For this reason, Wall Street investors have developed a new gold-trading strategy called TACO (Trump Always Chickens Out).

American entrepreneur Robert Kiyosaki shared his investment recommendation for 2025 with Finbold. He advises traders to take a closer look at silver. The asset is far below its historical peak but has enormous growth potential, while gold and bitcoin are approaching all-time highs.

According to Kitco News, the gold market has significant upside potential driven by economic uncertainty and geopolitical instability. However, Michele Schneider, chief market strategist at MarketGauge, highlights promising opportunities in silver.