Gold rate prediction: Gold price to hit $4,000-mark! Bullion analysts predict date

Gold price is likely to hit historic high of $3,800 by the end of 2025 and may even touch $4,000-mark next year, according to bullion analyst. Gold prices hovered near an all-time high on Wednesday, buoyed by expectations of a U.S. interest rate cut later this month, while market participants awaited U.S. inflation data for clues on the Federal Reserve's monetary policy path. Spot gold was up 0.8 per cent at $3,655.77 per ounce, after hitting a record high of $3,673.95 on Tuesday. U.S. gold futures for December delivery rose 0.3 per cent to $3,694.60.

Gold Price Prediction

ANZ Group raised its year-end gold price forecast on Wednesday to $3,800 per ounce and expects prices to peak near $4,000 by next June.


Gold's gains come on the back of expectations of Fed rate cuts, supported by signs of cooling in the U.S. labour market, which have weakened the dollar, Ricardo Evangelista, senior analyst at ActivTrades said.

Gold prices have gained 39 per cent so far this year, following a 27 per cent jump in 2024, bolstered by a soft dollar, strong central bank accumulation, dovish monetary settings and heightened global uncertainty.

"The outsized jobs revisions in the U.S. are almost certainly adding to the pervading sense of economic uncertainty and such out-of-left-field economic shifts underscore the role of gold as a safe-haven asset," independent analyst Ross Norman said.

Markets are pricing in a 92 per cent chance of a 25-basis-point rate cut, while the likelihood of a larger 50-basis-point cut stands at around 8 per cent, according to CME Group's FedWatch Tool.

The U.S. producer price inflation data, and the consumer price inflation reading on Thursday will be closely watched for more cues on the Fed's interest rate trajectory. Non-yielding gold typically performs well in a low-interest-rate environment.

Spot silver added 0.8 per cent to $41.20 per ounce. Platinum gained 1.8 per cent to $1,392.10 and palladium rose 1.6 per cent to $1,166.64.

FAQs

Q1. What are silver, platinum, palladium prices?
A1. Spot silver added 0.8 per cent to $41.20 per ounce. Platinum gained 1.8 per cent to $1,392.10 and palladium rose 1.6 per cent to $1,166.64.

Q2. What is gold rate prediction?
A2. ANZ Group raised its year-end gold price forecast on Wednesday to $3,800 per ounce and expects prices to peak near $4,000 by next June.