57% of investors expect gold prices to rise amid declining trust in dollar — eToro survey

An eToro survey found that 57% of retail investors expect gold prices to go up within the next 6–12 months. 45% have invested in this precious metal over the past couple of years.

Interest in gold as a hedging instrument has increased among market participants amid waning confidence in the US dollar. The study revealed that 48% of respondents have already rebalanced their portfolio assets or intend to do so.

29% of retail investors want to boost their gold investments. Meanwhile, 25% have reduced their holdings of US stocks, and 24% have put more money into non-US equities. Additionally, 24% are holding more funds in cryptocurrencies.

Lale Akoner, market analyst at eToro, notes that growing concerns about Washington's fiscal policy and political stability are creating uncertainty around the dollar's historically established hegemony. The US currency has already fallen 8% since the beginning of the year. Retail investors are responding by reallocating their assets into gold among other options.

eToro also sees growing interest in European stocks. 29% of market participants expect the highest returns from this region's securities, compared to 20% in 2024.