SEATTLE (Scrap Monster): In their most recent Unearthed Podcast, Joe Cavatoni and John Reade of the World Gold Council (WGC) revealed the major themes that will probably influence the world gold market in 2025 amidst uncertainty.
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They claim that the main events that could have an effect on the gold market are the political events in the United States, such as the inauguration of the Trump administration and the discussions around tariffs. Another area of focus is the growing political changes in the European Union and how they can affect local economies. Future gold prices will also be influenced by the trend of central banks purchasing gold. They pointed out that all of these might make for an exciting year for gold investors.
Sticky inflation is the biggest worry since it will probably keep the financial markets alert in 2025. Inflation rates decreased throughout the first few quarters of last year until the U.S. inflation fall stopped and slightly climbed at the end of the year. The dollar might appreciate if inflation rates decline, which would lower the price of gold.
Consumer spending on gold jewelry, bars, and coins may be impacted by both global and American inflation.
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