Gold’s record-breaking rally continues with breakneck speed as the customs war with China escalates. The precious metal has risen about $ 700+ an ounce this year, driven higher by the Customs War, concern over the potential of global recession and expectations that the Federal Reserve will reduce the rates.
As many investors seek security in the midst of a stock market requirement and the switching of the geopolitical and economic world order, Gold Investors can ask: What’s coming?
In a few weeks, gold has violated $ 3,400 per week. Ounces set by many Wall Street companies for 2025. However, many economic experts warn that the global order is undergoing a regime change, with results and results not yet known. It has dramatically increased the interest in the safety and safety of gold as a value of value, a hedge against inflation and a vehicle to protect wealth.
Here’s what some of the Wall Street profits are saying now.
“In the short to medium term, a combination of increased global economic tension, the risk of stagflation and a weaker dollar continued support Bullion. We raise our 2025 forecast for gold to USD 3,500 per ounce.” Saxo Bank – April 16, 2025
42 percent of fund managers expect gold to be the best priest asset in 2025, according to Bank of America. ” – Yahoo Finance, April 16, 2025
“We are putting a pretty good base now about $ 3,000,” Mike McGlone, senior commodity strategist at Bloomberg Intelligence. “It’s coming to $ 4,000.” Kitco News – April 14, 2025
“A lot of factors could push gold even higher,” said Michael Cuggino, president and portfolio manager for permanent portfolio family family. “They include American political uncertainty, the purchase of gold of foreign central banks, the risk of US inflation, lower interest rates and a debilitating dollar. All these things add a rather strong case for gold.” – Barrons, April 14, 2025
Gold $ 6,000?
“Gold could be doubled over the next five years. It’s always a ballast in a portfolio, and it’s the reverse correlated with other assets, so it’s an effective hedge,” said David Rosenberg, founder, Rosenberg Research & Associates, which was one of the few who predicted the global financial crisis in 2008-2009.
“If you reset global trade and want to talk about the laws of unintended consequences, for the first time in my life, the US could give up its reserve recovery. It’s on the table,” Rosenberg said.
“What would replace the dollar is an open question, but this is the way we are being driven down. And if we start getting this reset of global trade, a $ 6,000 view can end up being a conservative estimate. So I still like gold.” – Barrons April 15, 2025
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