Gold prices have surged 29% this year, with analysts predicting continued gains through 2025 as central banks increase their gold purchases, driven by diversification and geopolitical uncertainties. The IMF reports a revised expectation of 982 metric tons in gold acquisitions for 2023, with a further 900 metric tons anticipated in 2025. Lower interest rates and a weakening US dollar are expected to enhance gold's appeal, with prices projected to reach $2,900 per ounce by the end of next year.
