Gold prices powered done 2025 contempt the US dollar and the banal marketplace rallying aft Trump’s triumph past year. The request for golden from retail investors and cardinal banks remains coagulated connected the heels of Trump’s oath-taking ceremony. The XAU/USD index is presently trading astatine the $2,697 people connected Thursday and remains successful the greenish for 3 consecutive days. Leading planetary concern slope UBS remains bullish connected golden prices successful 2025 and highlighted the apical reasons wherefore the glittery metallic volition not suffer its value.
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UBS Remains Bullish connected Gold Prices successful 2025
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The Swiss multinational concern slope and fiscal services elephantine UBS wrote that golden prices could proceed their affirmative inclination successful 2025. The note to investors reveals that golden prices could physique connected their 2024 gains and further beforehand successful the XAU/USD charts. “We judge golden tin physique connected its 2024 gains. Although U.S. rates whitethorn autumn little than expected, they are inactive connected way to decline. And the lawsuit for holding golden rests connected much than rates,” wrote UBS.
Gold prices surged 27% successful 2024, which is simply a grounds precocious aft its akin rally successful 2010. UBS wrote the request for golden from cardinal banks volition proceed successful 2025 starring to prices hitting caller highs. “We expect cardinal slope request to stay solid. We forecast purchases of astir 900 metric tons successful 2025, driven by diversification and de-dollarization trends.”
According to UBS, golden prices could scope a caller precocious of $2,850 by the extremity of 2025. That’s different 5.5% surge from its existent terms of $2,697. “Moreover, an expanding U.S. national shortage and the worsening of its indebtedness illustration implicit the agelong tally should underpin gold’s attractiveness versus the U.S. dollar,” it wrote. In conclusion, UBS remains affirmative connected golden prices successful 2025 and advises traders to put and reap the profits.
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