Gold prices are expected to rise in the coming years, with UBS predicting a potential increase to $2,900 per ounce by the end of 2025. This positive outlook is shared by Goldman Sachs, who forecasted that gold could even reach $3,000 within the same timeframe.
Analysts Seana Smith and Madison Mills have identified several factors contributing to these optimistic projections for gold prices. As the market evolves, the interest in gold from investors and financial experts continues to grow.