Gold remains a focus for investors and institutions navigating the uncertainty of the global economy. This article examines five institutional forecasts and five forecasts from reputable investors that provide insight into the factors shaping gold prices. From inflation fears to central bank strategies, these expert perspectives offer valuable guidance for future investment decisions.
Institutional predictions:
1. Goldman Sachs: USD 3,000 per troy ounce by the end of 2025, due to increased central bank demand and geopolitical tensions.
2. J. P. Morgan: Analysts at J.P. Morgan predict that gold prices could reach $3,000 an ounce in 2025, averaging $2,950, influenced by inflation and economic uncertainty.
3. Bank of America: Bank of America expects gold to exceed $3,000 an ounce, citing inflationary pressures and macroeconomic turmoil as key factors.
4. Citigroup: Citigroup forecasts that gold prices will continue to rise and could reach USD 3,000 per ounce by 2025, supported by increased demand from central banks and investors seeking safe-haven assets.
5. Fitch Ratings: Fitch expects gold prices to consolidate to USD 2,000 in 2025, with a possible further decline to USD 1,800 in 2026, given factors such as profit taking and restrictions on central bank purchases.
Predictions of reputable investors:
6. Robert Kiyosaki: Author of the book Rich dad, poor dad predicts that gold prices will reach USD 3,700 per ounce in the near future, highlighting gold as a hedge against economic uncertainty.
7. Jim Rickards: Economist and investment banker Jim Rickards suggested that gold prices could rise significantly, potentially reaching US$15,000 per ounce between 2015 and 2025, due to macroeconomic factors and monetary policy. This gold price is calculated based on the amount of gold currently mined and the amount of USD in total circulation.
8. Peter Schiff: Euro Pacific Capital CEO Peter Schiff has been a long-time supporter of gold and predicts that its price could rise sharply in response to currency devaluations and inflationary pressures, although specifics vary over time.
9. Ray Dalio: The founder of Bridgewater Associates, consistently recommends holding gold as a hedge against economic uncertainty and inflation and expects its value to rise as global economic conditions evolve.
10. Mark Mobius: Experienced investor Mark Mobius recommended allocating at least 10 % portfolios to gold as he expects prices to continue to rise due to currency devaluation and economic instability.
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