Gold surges on soft CPI and falling yields, targeting $3,297; silver gains 17% MTD as bullish sentiment holds above key moving averages.
Goldman Sachs has raised its year-end 2025 gold price forecast to $3,700 an ounce, citing stronger demand from central banks and rising interest from investors seeking safe-haven assets amid recession concerns. In a note, the bank predicted prices could range between $3,650 and $3,950, and said a downturn could push prices as high as $3,880.
Gold fell in the early Asian session as traders assess mixed signals from the Trump administration.
Matt Bartolini says investors are seeking safety in a potential economic shift. He offers a wide perspective into the inflows and outflows he's seen in the ETF space, both domestically and internationally.
The gold market's recent surge may not last as one expert warns of potential risks ahead. Transcript: This is going to be kind of an unpopular opinion, but I do not think it's sustainable.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Amid President Donald Trump's sweeping tariff plans, gold stocks have become a hot commodity.
The gold market continues to see a lot of buying pressure, as the markets continue to look to it for safety. With the US dollar falling, this only has gotten more aggressive at this point in time.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
DAX climbs on easing trade tensions. Forecast now tied to German CPI trends, ECB policy tone, and upcoming US economic data.