ING Bank expects gold to outperform other commodities in 2025 due to increased trade tensions and global economic uncertainty. While oil prices are projected to rise, gold’s safe-haven appeal and limited supply are expected to drive its value higher.
Key Insights:
- ING Bank predicts gold prices to reach $1,900 per ounce by the end of 2025, driven by escalating trade tensions and economic concerns.
- Oil prices are also expected to rise, but gold’s safe-haven appeal and limited supply are expected to outweigh oil’s price increase.
- ING Bank’s analysis is based on its forecast of continued trade disputes between the US and China, as well as potential economic slowdowns in Europe and Asia.
Investment Implications:
- Investors looking to hedge against market volatility may consider investing in gold as a safe-haven asset.
- However, investors should also be aware of the risks associated with gold investing, such as fluctuations in price and limited liquidity.
- Diversification is key, and investors should consider allocating a portion of their portfolio to gold while maintaining exposure to other asset classes.
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