WGC Foresees Rangebound Gold Prices in 2025

SEATTLE (Scrap Monster): The Gold Outlook 2025 Report was released by the World Gold Council (WGC). It is anticipated that the commodity's prices will stay rangebound in the upcoming year.

The paper states that gold has shown impressive performance in 2024. In the first few months of 2023, the costs have gone up by around 28%. In the current year, it hit new record highs about forty times. Additionally, gold outperformed the majority of major asset classes and was among the best-performing assets of the year.

By the end of 2025, the Fed is probably going to make 100 basis point decreases. A comparable rate cut by European central banks is also projected. It is anticipated that the US dollar would either stay unchanged or slightly decline. The U.S. Fed's policies and the US dollar's trajectory will continue to influence gold prices in 2025. A protracted Fed stall on rate cuts might further strain demand for gold as an investment.

If the economy performs as predicted by analysts, gold might continue to trade in a range akin to that seen in the latter half of this year. According to the WGC research, investors and consumers may suffer from higher rates and slower economic growth.

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