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For some investors, it may still be smart to buy gold right now, even with the price still high. Here's why. ... the precious metal is likely to hit prices of $3,000 per ounce by the end of 2025 ...
The numbers back up this stability — gold prices rose from $1,199 per ounce in 2014 (close price) to over $2,700 in 2024, showing solid long-term growth. It can be a great portfolio diversifier ...
The price of spot gold reached $2,364 per ounce Tuesday after hitting record highs for seven straight sessions and trading at $2,336 per ounce Monday. Year on year, gold is up 16.5%.
This means that a standard-size gold bar of about 400 troy ounces — like those featured in gold heist movies — now cost over $1 million each. The spot gold price is just shy of $2,500 an ounce ...
JPMorgan forecasts gold will rise toward $3,000 per ounce this year. Goldman Sachs analysts also forecast bullion will reach $3,000 by the end of 2025 amid continued purchases from central banks ...
Goldman Sachs projects the price of gold will climb 8% to $3,000 an ounce by the end of 2025. They cite central bank buying, Fed rate cuts, and continued safe-haven interest as reasons.