Gold price today: Gold rate forecast for 2025 raised by experts and analysts

Gold prices today climbed back towards last week's record high even as bullion experts and analyst firms have hiked their gold rate forecast for the year of 2025.

Spot gold had jumped more than 1 per cent to $3,053 an ounce as of 1215 (GMT), just a few dollars away from the all-time high of $3,057.21 hit on March 20. U.S. gold futures climbed 1.3 per cent to $3,062.

Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year.


Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected ETF inflows and sustained central bank demand, Reuters reported.

ANZ analysts said in a note, "We maintain our bullish stance on gold, though a consolidation is possible after the recent swift rally towards $3,040/oz".

U.S. President Donald Trump announced new tariffs on auto imports starting next week, escalating global trade tensions that have been driving safe-haven demand for gold.

Trump on Wednesday unveiled a 25 per cent tariff on imported cars and light trucks, set to come into effect the day after he plans to announce reciprocal tariffs aimed at the countries responsible for the bulk of the U.S. trade deficit.

FAQs

Q1. What is current Silver price?
A1. Spot silver rose 1.2 per cent to $34.10 an ounce, platinum steadied at $973.75 and palladium added 0.7 per cent to $974.51.

Q2. Is Gold safe to invest?
A2. Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year.