New Targets for Gold Prices: 2025 Forecasts from UBS and Goldman Sachs
Forecasts for gold prices in the international financial world are becoming increasingly optimistic. Switzerland-based UBS has revised its gold price forecasts for 2025 upwards. The bank predicts that the price of an ounce of gold could reach $2,900 by the end of the year. This forecast exceeds the previously set $2,850 target, once again revealing the importance of gold for investors.
Global Factors and Dollar Strength
UBS analysts state that gold prices may go through a period of consolidation before reaching this level. Analysts predict that a strong dollar and fiscal stimulus policies in the US may temporarily suppress prices. However, global uncertainties and increasing geopolitical risks are expected to support demand for gold. “Increased economic and political uncertainties around the world make gold more attractive as a safe haven,” said UBS analyst Levi Spry.
The Role of Central Banks
UBS also emphasizes that central banks continue to expand their gold reserves due to geopolitical risks and sanction concerns. This supports estimates that ounce gold prices could reach $2,950 by the end of 2026. Gold continues to play a critical role in diversifying global reserves.
A More Ambitious Forecast from Goldman Sachs
Following UBS, Goldman Sachs also announced its estimates for gold prices. The bank predicts that ounce gold could reach $3,000 by the end of 2025. Goldman Sachs analysts stated that investors should turn to gold to diversify their portfolios and meet their search for safe havens.
Alternative Investment Suggestions from JPMorgan
On the other hand, JPMorgan offers a different perspective. The bank’s strategist Karen Ward stated that investors should also evaluate other investment instruments that provide annual returns instead of focusing solely on gold. According to Ward, infrastructure investments and high-yield bonds are among the more attractive alternatives.
Strategic Advice for Investors
These optimistic forecasts in the gold market provide a strategic guide for investors. While UBS and Goldman Sachs predict that demand for gold will increase, JPMorgan takes a more cautious stance. It is stated that investors should consider gold as a safe haven in their portfolios, considering the fluctuations in the global economy and geopolitical risks.
