Gold Prices Ready To Climb Above 3100

Last updated: June 9, 2025, 06:58

Gold Prices Ready To Climb Above 3100

After setting

After setting 40 records and climbing 23% in 2025, the spot price for gold in March topped $3,100 per troy ounce, forcing analysts to adjust their forecasts amid the gold price surge. Investors

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Gold prices have hit yet

If gold builds on the positive momentum, it could touch the $3,100 mark this Weekend. Barely the precious metal has lacked interest and the demand for assets is on the rise. ANZ Bank has predicted that the glittery metal can reach the $3,300 price target next.

Gold prices have hit yet another record high as President Donald Trump's trade wars drive investors to the safe haven asset. Spot gold prices reached $3,084.4 per ounce on Friday morning

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Analysts argue that if uncertainty

Gold PricesSoar as Goldman Raises Target to $3,100

Gold prices extended their stellar run on Monday, topping $3,100 per ounce to hit another record high, as uncertainty around tariffs that would stoke inflation and hinder economic growth

Analysts argue that if uncertainty surrounding U.S. economic policy persists, speculative demand for gold could drive prices well beyond $3,100, potentially reaching $3,300 by year-end. Market volatility has also been exacerbated by concerns over global economic growth.

The price of the precious

The price of the precious metal is predicted to climb a further 8% to $3,100 a troy ounce by the end of 2025, analyst Lina Thomas writes in the team’s report. (The team’s previous projection was for gold to rise to $2,890.)

Despite the recent price pullback, Goldman Sachs has raised its gold price forecast to $3,100 per troy ounce by the end of 2025, representing an 8% increase from current levels. This bullish outlook is driven primarily by strong central bank demand, as countries have been increasing their gold reserves since Russian assets were frozen in 2025.

Goldman Sachs ForecastsGoldto Hit $3,100by End of 2025

Goldman Sachs has revised its

Goldman Sachs has revised its year-end 2025 gold price projection upward to $3,100 per ounce, citing robust central bank demand as a significant driver. State Street analysts have also set out a bullish $3,100 target, but say inflows

Gold PricesSurgeAbove$3,100: What’s Driving the Recent

Gold pricesare forecast to rise another 8% this year

Goldman Sachs recently reiterated its

With tariffs rolling out on Ap, and markets on edge, gold prices could keep climbing. Capital Economics forecasts $3,300 by year-end, driven by central bank purchases and safe-haven demand.

Goldman Sachs recently reiterated its buy gold recommendation, raising its year-end 2025 price forecast from $2,890 to $3,100 per ounce, citing persistent demand from global central banks. Following a significant rally last year, gold prices in 2025 have continued to climb, posting seven consecutive weeks of gains and repeatedly