Gold sets a record: what price can it reach by the end of the year
The new gold rush continues, and prices for gold and silver keep breaking records, pushing the scales higher every day. Financial expert Oleksii Kozyrev explained what stimulates the rise in prices for these metals and gave forecasts for the future.
Why prices for precious metals are rising
According to the expert, since the beginning of the year, gold prices have skyrocketed, bringing huge profits to investors. Kozyrev examined several key factors underlying this growth:
-
US Federal Reserve Policy. Heightened expectations for interest rate cuts by the US Federal Reserve, driven by pressure from President Trump, create conditions for increased demand for gold as a 'safe haven.'
-
Central Bank Activity. Global banks continue to secretly buy gold, spurred by global instability and the need to diversify reserves.
-
Dollar Weakness. Weaker dollar value contributes to rising demand for gold, as its price is subject to significant fluctuations in dollars.
-
Geopolitical Risks. The tense situation in Ukraine and other regions of the world drives investors to seek protective assets, with gold taking a primary position among them.
Price Forecasts by the End of 2025
Kozyrev indicated that gold and silver could further increase in value. He provided the following forecasts:
-
Gold. It could potentially rise slightly from $3250 to $3690 per ounce, or even more.
-
Silver. The value of silver is also rising, and it is currently undervalued. The projected price range is $38–$45 per ounce, with significant fluctuations.
The expert recommends keeping 10% to 15% of one’s investment portfolio in precious metals as a means of risk diversification. He also advises coin owners that their numismatic values may grow geometrically compared to the price of metal.
Read also
