Expert reveals gold trend predictions for 2025 – London Business News | Londonlovesbusiness.com

Date:

Share:


As 2025 draws near, industry experts will be turning their attention towards the next 12 months, analysing trends and predicting what the next year could look like for global markets and key assets.

Gold in particular has had a record year in 2024, climbing to new highs and setting records among investors.

With this in mind, the experts at The Gold Bullion Company have spoken on what they believe is in store for gold in 2025.

Rick Kanda, Managing Director, saidm, “There’s no denying that 2024 has been a record year for gold. It’s reached colossal new highs and broken records that none of us expected. This is thanks to a result of economic uncertainty, changes in global inflation and also increased demand for this commodity.

“It’s predicted that by the end of 2025, gold will rise to $3,000 per troy ounce and thanks to its increased rises throughout this year, I fully expect that this will be the case. Global central banks are expected to maintain their gold buying momentum, which will be key to gold hitting that $3,000 value mark. As we move into the new year, I predict that gold will continue to see significant increases, especially if economic instability continues.

“Another factor potentially making gold a lucrative commodity to invest in is geopolitical tensions and any monetary policy changes as throughout these changes, it’s likely gold will continue to retain its worth during uncertain times.

“Overall, it looks to me that 2025 will be another extremely successful year for gold investment that’s bound to be a part of many people’s investment portfolio’s.”

Rick has also given his top tips to those who wish to invest in gold in 2025: “There have been a range of reasons for the all-time high gold prices, however, they nearly all come back to the fact that gold is a stable investment. Gold has historically been seen as a reliable store of value during economic and political uncertainty, making it unsurprising that a record number of investors backed gold in 2024.

“As demand increases, so does the value of gold, making 2025 a great time to start investing. To help anyone interested in investing, we have shared our top tips on how to get started.”

Buy Gold coins

“Gold coins are an increasingly important part of the average person’s gold investment plan. These offer a compromise between price and divisibility and liquidating them at gold buyers is relatively easy. Knowing the purity of your gold coin is very important as different coins can have different purities, meaning a lot of people often underestimate their worth.”

“In addition, UK coins, including gold sovereigns, half sovereigns and gold Britannia coins are Capital Gains Tax Free which makes them an appealing mid to long-term investment option. This means that when you sell these coins you will not be taxed on your profits which cannot be said for other forms of gold such as bars and rounds or even overseas coins.”

Buy Gold bars

“Despite coins being viewed as the obvious choice for first-time value, small and first-time investors should look into both coins and bars. Manufacturing costs for bars are generally lower than those for coins, resulting in lower purchase prices per gram for gold bars. This could help maximise your profits if you go on to sell at a later date.”

Keep on top of trends

“Gold price information is so readily available it is worth keeping updated in case of any particularly low prices to invest more or extremely high rates to maybe sell on some of your investment to be able to reinvest. You also need to keep up to date with world and financial news. While it can be difficult to predict when the price of gold is going to go up, you can help your research and decision-making by keeping a close eye on the latest news.”

Buying assets with gold exposure

“Of course, buying physical gold isn’t the only option. There are other ways you can invest in the metal without taking physical custody of it, but such arrangements carry counterparty risk which is eliminated for physical gold buyers in possession of physical bars or coins.

“Gold Exchange-Traded Funds (ETFs) are a way of trading gold on the stock exchange. Buying and selling gold ETFs is usually quite easy as large numbers of buyers and sellers mean that the market clears relatively quickly for any given trade. However, to function, gold ETF fund managers must first buy physical gold and then store it in a vault and the value of the fund then mimics the spot price for the stored gold. This means the quality of gold ETFs depends on the prudence and ethics of the firms that manage them. Managers, for instance, may claim that their fund is “100%-backed by physical gold” but it may not be.

“Pooled investments in gold are the same as gold ETFs except funds don’t trade on the open market. Instead, a fund manager purchases a quantity of gold and then sells tranches of it to investors. Investors then own the gold and hold certificates as proof.

“Like ETFs, the success of a pooled gold investment scheme depends on the quality of the firm running it. Under these arrangements, investors don’t take direct ownership of physical gold. Instead, they trust a third party to allocate gold shares according to the quantity of the gold in the vault. Therefore, if you decide this strategy is right for you, you’ll want to make sure that third parties regularly audit the gold. You’ll also need to check that the company has sufficient security to protect the gold.”

Rick finalises added, “Investing in gold is exciting and rewarding, especially in 2024, but you need to ensure you are buying from reputable sellers. Ensure you only look at secure and verified sites and analyse independent customer reviews before making any purchase decisions.”



Source link

━ more like this

DeepMind’s GenCast AI is really good at forecasting the weather

When Helene made landfall in Florida earlier this year, 234 people lost their lives to the worst hurricane to strike the US mainland...

Amazon unveils its new family of Nova foundational models

Amazon CEO Andy Jassy took to the stage at the company’s re:Invent conference on Tuesday to show off six new text, image, and...

Amazon Nova: Inside the Latest AI Models Revolutionizing Business

AWS subscribers now have access to generative AI models that rival GPT-4o. On Dec. 3, during the AWS re:Invent event held in Las...

A physical deck of Balatro cards can soon be yours for $16

If your group chat is anything like Tech Reader's Slack, Balatro probably comes up several times a week. The indie poker-style title is one...

Your Verizon bill is getting a bit more expensive

Verizon is making billing changes again. The top carrier in the U.S. is slightly adjusting its customers’ bills, resulting in a small price...
spot_img