According to strategists, Gold’s 2025 rally must run further, which includes geopolitical volatility, ongoing demand from central banks and factors driving higher precious metals. Spot gold prices have been crying since late December, rising from $2,587.6 on December 18 to $2,941.1 on February 19, smashing at the all-time high and continuous weekly earnings this year. According to the World Gold Council, global gold demand has achieved earnings this year after it hit a record high in 2024. Strategist Joni Teves said in a note this week that a new assessment of market conditions led to UBS’ revision of its annual gold price forecast, expected to be the second half of 2025 The peak is expected to rise by $3,200. UBS then believes that in the coming years, prices will gradually drop and settle at higher levels. One major factor driving gold earnings last year only intensified in 2025: uncertainty over the impact of U.S. President Donald Trump on the world economy and international relations. @gc.1 ytd series Jinlai x. John Reade, senior market strategist at the World Gold Council, told CNBC via email. “The first motivation is the price around, and the uncertainty surrounding the scope, timing and impact of these tariffs increases the overall market risk, prompting investors to turn to gold as a safe haven asset.” Reid continued: “The second type of The dynamics of change are the movement of physical gold, and the so-called gold shortage rumors. “To be clear, there is no general gold shortage, but the large amount of gold traders are pursuing U.S. import tariffs have led to a decrease in availability in London markets , which in turn led to Gold Reid. “As market and geopolitical uncertainty may persist, the disruption to the gold market may continue for some time. “Investor “FOMO” UBS’ Teves said that with deep-rooted bullish sentiment and exceeding expectations of central bank demand, it was a key price driver in recent months as the institution seeks to diversify its reserves and hedge currency volatility ( Traders) will have a degree of “FOMO” or “fear of missing out” on gold opportunities. She said: “After missing out on several (short/shallow) buying opportunities in 2024, investors may be wary of repeating the same pattern. and may want to use corrections as soon as possible. “In addition, liquidity issues could expand gatherings and put the market under attack on the harvest from any physical demand. “The increase in gold holdings in central banks over the past 15 months has broken almost all gold purchases. “Duque, chief investment officer of C3 Bullion, said in an email: “The past 45 days or so (metal futures) and options market) COSEX is particularly interesting, where our delivery notifications have surged. It seems that large institutions are indeed increasing their gold stocks. Analysts at RBC Capital Markets said last week that gold-related stocks, including Wheaton Precious Metals, Osisko Gold royalties and Canada’s Franco-Nevada, will benefit from these trends. The outlook remains constructive and supported by attractive valuations, low crowding and macro prospects that support gold. ”
Gold Race has more room to run when Trump is uncertain about boosting demand | Real Time Headlines
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