Gold Price Predicted to Surge Another 25% After $2400 ATH
Is gold poised for another dramatic climb? All eyes are on gold as experts predict a significant surge, potentially adding another 25% to its value after recently hitting an all-time high of $2400. This article explores the factors driving gold’s upward trajectory and what it means for investors.
Will Gold Prices Continue to Climb?
Gold may have started the new week quietly, but it has demonstrated strength once again, achieving three consecutive weeks of positive closes despite a minor dip in price. The momentum surrounding gold remains strong, fueling speculation about further gains.
Expert Predictions: A Bullish Outlook for Gold
Sprott Asset Management senior portfolio manager John Hathaway has predicted the gold price to surge another 25% following its $2,400 ascension this month. This bold forecast is supported by several key factors, indicating a potentially lucrative future for gold investors.
Central Banks Fueling the Gold Rush
Gold is forecast to climb higher than previously expected as central banks in emerging markets have ramped up purchases, according to Goldman Sachs Research. This increased demand from central banks adds significant upward pressure on gold prices. Gold usually trades…
Gold's Impressive Performance in 2025
Gold increased 672.27 USD/t oz. or 25.62% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This year's strong performance underscores gold's potential as a valuable investment.
Factors Driving the Gold Price Surge
This article explores the factors behind gold’s objective measure of prices and its potential to soar in leading world currencies, ultimately answering the questions “is gold” a good investment now? Market analysts point to geopolitical uncertainty, inflation concerns, and the weakening dollar as key drivers behind the increasing demand for gold as a safe haven asset. Gold futures rebounded strongly on Tuesday, with the most active August contract reclaiming the $2,400 per ounce mark as traders positioned themselves ahead of potential future price increases.
Is Gold a Good Investment?
Given the current market conditions and expert predictions, the question of whether gold is a good investment is being asked by investors worldwide. With central bank buying, geopolitical instability, and forecasts indicating a further 25% increase, gold presents a compelling case for inclusion in a diversified portfolio. However, as with any investment, it's crucial to conduct thorough research and consult with a financial advisor before making any decisions.