World Bank predicts 30% surge in gold price in 2025

Increased trade tensions and geopolitical uncertainty will force global economic growth to fall to its lowest level since 2008, excluding periods of global recessions. Against this backdrop, precious metals such as gold, silver, and platinum will receive support. This forecast was presented by the World Bank in its latest report.

According to the organization's estimates, the rate of global GDP growth will slow to 2.3% in 2025. This is nearly half a percent lower than the initial forecast. At the same time, a global recession is not expected. Economic turmoil has led to growth forecasts being downgraded in nearly 70% of countries worldwide, spanning all regions and income categories.

Considering this, the World Bank predicts that the price index for precious metals—mainly reflecting the dynamics of gold but also silver and platinum—will surpass the general trend and grow by over 30% in 2025. The organization expects the average annual price of gold to reach a record high this year due to increased demand for safe-haven assets and then plateau in 2026–2027.