Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Analysts Predict Gold to Reach $3,200 Later This Year
    Precious Metal

    Analysts Predict Gold to Reach $3,200 Later This Year

    February 17, 20252 Mins Read


    Gold prices have already increased 10 percent in 2025 to $2,900 (£2,300), but UBS has upgraded its target price for the precious metal again.

    UBS analyst Joni Teves said gold has had “unprecedented market dislocations” and reached a record high in 2024, but it’s only expected to move higher in 2025.

    Teves explained that the gold market is currently experiencing “deep-rooted bullish sentiment,” with the metal seen as a safe-haven asset amid a highly uncertain and volatile macro environment.

    “After missing several buying opportunities in 2024, investors are likely wary of repeating the same patterns and may want to take advantage of corrections sooner this time around,” she said.

    Teves added that with uncertainty regarding tariffs, worries that stagflation may rear its head again, and continued global conflicts, the ‘safe haven’ of gold is likely to benefit.

    In addition, UBS expects stronger-than-expected official sector demand, such as through China’s pilot programme, which allows insurance companies to invest in gold, which provides important support to the market.

    The bank’s new forecasts predict that gold will climb to $3,200 later this year, then ease down slowly, ending 2025 above $3,000.

    UBS noted a continued lack of investor positioning toward the precious metal, “suggesting plenty of scope to add gold to portfolios.”

    Alec Cutler, director at Orbis Investments, explained that despite the surging price of gold, Western investors have largely avoided rushing into the asset class.

    “The number of iShares and SPDR ETF investors has been dropping for the last two years… meaning gold’s rally so far is being driven by central banks and Asian investors,” he told City AM.

    He said that the strong returns of the Magnificent Seven, as well as the attractiveness of crypto, had been holding investors back from gold, but this would likely shift throughout the year.

    Therefore, Cutler predicted that gold’s rally would accelerate further once Western investors began investing in it.

    Meanwhile, the UBS analysts kept their forecasts for other precious metals, like silver and platinum, unchanged.

    While the analysts said the other metals have the potential to outperform gold from their current levels, silver suffers from higher volatility and lower investor conviction, while platinum interest could “stay muted” due to liquidity issues, leaving them reluctant to shift expectations.

    By City AM

    More Top Reads From Oilprice.com

    Read this article on OilPrice.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Star Copper Phase 2 Drill Preparation Uncovers Significant Mineralization at Surface

    Precious Metal

    XAG/USD maintains position near $39.00, five-week highs

    Precious Metal

    Gold and Silver About to ‘Beeline’ to All-Time Highs, According to Fundstrat Analyst

    Precious Metal

    Secret criminal past of ‘Traveller King’ who was buried in a ‘six-figure, solid gold’ coffin

    Precious Metal

    Gujarat emerges as India’s copper hub, amid soaring demand from sunrise sectors – Industry News

    Precious Metal

    Gold, Silver prices dip this week, but long-term outlook remains bullish

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    SGX sees record year for commodities, highest cash SDAV in four years in June market statistics

    Cryptocurrency

    Why Are Many Ethereum (ETH) and Stellar (XLM) Holders Exchanging Their Holdings For This New Cryptocurrency?

    Property

    InFocus: Updates from the Government Property Agency (October 24)

    Editors Picks

    Bond set at $10K for former Columbia school safety officer

    August 28, 2024

    Konami Plans All-New Metal Gear Solid Games Without Kojima

    August 23, 2025

    Tribune | Immobilier : pourquoi la facturation électronique est (au moins) aussi stratégique que le DPE

    June 11, 2025

    Le Real Madrid lâche une annonce sur le mercato

    January 15, 2025
    What's Hot

    Ero Copper (TSE:ERO) Given New C$32.50 Price Target at Ventum Financial

    August 23, 2024

    Handbags, watches and more: Best performing luxury investments in 2024

    March 4, 2025

    Kokua Line: Will state alert us if our property title is changed?

    July 15, 2025
    Our Picks

    Gary Gensler Doubts Cryptocurrency Future, Says Leading Figures Are Either In Jail Or Awaiting Extradition

    October 10, 2024

    American Investment Firms Pour Billions Into Canadian Real Estate

    August 27, 2024

    En difficulté au Mali, Barrick augmente son investissement dans l’or au Sénégal

    February 13, 2025
    Weekly Top

    North Korea unveils ‘unique technology’ in new air defence missile test

    August 25, 2025

    Farmers warn of crisis as poll shows 80% fear for survival and none back Labour

    August 25, 2025

    Kiwi raises $24 Mn in series B funding led by Vertex Ventures

    August 25, 2025
    Editor's Pick

    A muted opening likely on Wall Street today? What Dow, S&P 500 futures signal

    February 19, 2025

    Magellanic penguins ride ocean waves to save energy and find food

    July 25, 2025

    Azerbaijan increases agricultural production 1.5% in 2024

    January 20, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.