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Gold to hit new all-time high this year, on economic uncertainty from U.S. trade policy, continued central-bank purchases, and geopolitical conflicts

From thegoldforecast.com

The case for gold to not only reach but breach its all-time record high this year seems exceedingly likely. Gold futures have already reached $3500 per ounce, with the record closing price of $3454.60 reached on Monday, April 21, 2025. That being said gold future spaces the most active August 2025 contract, lost $42 today and settled for the week at $3333.60. Even with today’s sharp decline gold managed to eke out a nominal gain on the week of $18, or +0.54%. Physical or spot gold traded to its highest value on Tuesday, April 22 when it traded to an intra-day high of $3500.20. Today spot gold also traded lower on the ... (full story)

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  • Category: Fundamental Analysis