Gold Futures Rise: Major Analysts Predict Extended Bull Run into 2025
Wednesday, 25 September 2024, 21:25
The Surge of Gold Futures
Gold futures have reached record highs, driven by a combination of economic uncertainties and heightened demand from investors. Notably, J.P. Morgan and UBS are bullish on this precious metal, predicting that the upward trajectory will continue through 2025.
Analysts Weigh In
- J.P. Morgan’s forecast: Analysts emphasize the role of inflationary pressures and global instability as major contributors to rising gold prices.
- UBS Insights: UBS highlights how institutional investments in gold are increasing, signaling strong confidence in the asset class.
- Market Demand: The demand for gold as a safe haven continues to attract both retail and institutional investors.
Future Implications
As we look to the future, the sustained interest in gold could reshape investment strategies, presenting new opportunities for investors. With predictions set for 2025, the focus on gold remains pivotal in financial discussions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.