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Gold’s next $1,000 move remains Higher, says State Street’s Aakash Doshi
Near-term momentum in the gold market is shifting, and prices could consolidate through the final two months of 2025; however, one analyst said he expects the next $1,000 move to be higher. In an interview with Kitco News, Aakash Doshi, Head of Gold Strategy at State Street Investment Management, said he expects gold prices to consolidate below resistance around $4,000 an ounce, noting that November and December are traditionally negative months for gold-backed exchange-traded funds. “Your price target for gold really depends on your time frame,” he said. “If we are talking about 12 months from now, this rally ... (full story)
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