With a long and varied list of supportive drivers to choose from, we have raised our end-2025 gold price forecast to $2,750 per oz. But even though we now forecast gold prices to end next year about 10% higher than their current level, the path between now and then is unlikely to be smooth. In fact, we think it is more likely than not that gold prices will fall, potentially sharply, before rising again.
We will be hosting an online Drop-in on Wednesday 11th September at 3pm BST to discuss the outlook for gold prices. Sign up here.
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