Precious Metals Are on Their Way to New Heights
*Reasons for Gold Price Increase*
- *Persistent Inflation*: Concerns about prolonged inflation and slowing economic growth are driving investors to seek safe-haven assets.
- *Global Demand*: China and India lead retail investment, up 26% in the first half of the year.
- *Geopolitics*: The Ukraine war, Gaza, and US-China tensions are pushing demand for safe havens.
*Gold Price Forecast*
- Gold prices are expected to reach the end of 2025 and could rise to $4,000-$4,500/ounce in an extreme risk scenario.
- *Bank of America*: Predicts gold prices could soar to $5,000/oz by 2026.
- *InvestingHaven*: Forecasts gold prices at around $3,800/ounce by the end of 2025 and peaking at $5,155/ounce by 2030.
With these positive forecasts, gold is becoming an attractive investment option for those looking to protect their assets during times of economic instability
