Gold poised for parabolic rally as metal continues to climb — Kitco News

In 2025, gold hit fresh all-time highs, jumping 80% since last October. The metal’s rapid rally could trigger another parabolic surge in prices, Kitco News reports.

The key drivers behind gold's gains have been a weaker dollar and persistent bullish sentiment fueled by global uncertainty. Economic risks intensified after the US administration imposed import tariffs on major world economies. Recent reports point to slowing GDP growth in the US, China, the European Union, and other regions, according to the website.

Meanwhile, central banks are rapidly increasing their gold reserves, reducing their reliance on US dollar assets. In 2024 alone, financial institutions bought over a thousand tons of the precious metal, marking the third consecutive year of steady reserve growth. According to Kitco News, this trend is expected to continue into 2025.

If gold maintains its current trajectory, investors could pile in, sending prices to $4,000 per ounce by late 2025 or early 2026, the organization’s analysts believe.