Gold has seen an impressive surge in 2024, continuing its upward trajectory with strong quarterly gains that analysts expect to persist into the next year.
The precious metal has marked a remarkable milestone by recording five consecutive quarters of growth, with a significant $307 jump in Q3 2024 alone, as highlighted by Gold Predictors on December 8.
#GOLD gained $307 in Q3 2024, marking a historic milestone as one of the largest quarterly gains. This is the 5th consecutive quarter of growth since the Middle East crisis began in 2023.
These developments suggest no signs of a slowdown for gold in 2025, as the crises continue… pic.twitter.com/hQQmhu6rDJ
— Gold Predictors (@GoldPredictors) December 8, 2024
This ongoing rise is largely attributed to the geopolitical instability in the Middle East, which has reinforced gold’s position as a safe-haven asset.
Gold Predictors suggests that there are no signs of a slowdown for the precious metal in 2025, with its value expected to keep climbing, even in the face of global uncertainties.
While gold’s rally in 2024 was expected to push prices toward $3,000, momentum slowed somewhat after the U.S. election, which many saw as a bullish signal for the economy following Donald Trump’s win. Despite this, experts remain confident about the metal’s potential.
Bloomberg Intelligence’s Mike McGlone, along with major financial institutions like Goldman Sachs and Bank of America, foresee gold reaching $3,000 by 2025, driven by fiscal instability, rising geopolitical tensions, and high demand from central banks.
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Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
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