Can Gold Prices Top $3,000?
Key Points
- Gold prices continue to reach new all-time highs, bringing it closer to the $3,000 milestone.
- Several Wall Street companies say there is more room for gold prices to run.
- Economic and stock market uncertainties related to tariff and trade tensions may persist, thereby improving the security status of gold.
Gold prices hit another all-time high on Thursday, pushing precious metals to the $3,000 range, a milestone analysts increasingly believe Gold Will surpass it as soon as possible.
The $3,000 threshold has appeared in the range and has spotted gold (House) Thursday morning, up to $2,954.95 per euro. Gold has been repeated Record highs In recent weeks, it has risen by about 13% this year.
Gold is considered haven Investor optimism about gold metals in assets in times of uncertainty may be driven by concerns and new impacts on the direction of the global economy. US tariffs.
Gold will continue to shine, analysts say
Several Wall Street companies have improved their Gold price Forecast to $3,000 or higher. For example, Goldman Sachs quotes “Structurally higher” Central Bank needs“In addition to investors’ interest in safe haven parking assets, its gold price forecast was raised to $3,100 at the end of 2025, up from the previous $2,890. Earlier this month, ING analysts made gold as high as $3,000 in the current first quarter.
However, not every company has the same level of optimism. Morgan Stanley Gold Slides to $2,700 By the fourth quarter. The company notes that a potential Russian-Ukrainian peace agreement could curb demand from central banks, which helps drive gold higher.
Tariff uncertainty rule
Despite this, the Trump administration strives to impress the full tariffs Canada, Mexico and China Global economic problems have increased. As a result, investors even saw More value of goldMoody’s analysis calls it “a perennial hedge against uncertainty.”
Moody’s said in a recent research note that its forecast Gold By the end of 2026, the price is $3,000, reflecting expectations for a moderate decline in growth and “risk of worsening situations.” Specifically, it references Economic recession Risks in major markets.
“The potential of a recession in Europe and China caused by the Tit-Tat tariffs will increase gold,” Moody said, noting that financial markets are still low on the chances of this happening.
Ing agreed, pointing out that trade and tariff uncertainties should continue to strengthen gold.
“Uncertainty and unpredictability are rising as Trump returns to the White House,” ING analysts wrote.Gold Will continue to benefit from this environment. ”