Gold may rise to $3690: expert names reasons and forecast for 2025.

According to inkorr.com: A new gold rush is ongoing worldwide, with gold and silver prices continuing to set records. Financial analyst Oleksiy Kozyrev shared his thoughts on the reasons for this increase and made forecasts for the future.

Reasons for rising prices of precious metals

According to the expert, gold prices have significantly increased since the beginning of the year, bringing considerable profits to investors. Kozyrev highlighted several main factors contributing to this rise:

1. U.S. Federal Reserve policy. Expectations of interest rate cuts by the U.S. Federal Reserve due to pressure from President Trump create conditions for increased demand for gold as a safe asset.

2. Central bank activity. Global banks continue to actively buy gold, particularly due to global instability and the need to diversify their reserves.

3. Dollar depreciation. The decline in the dollar's exchange rate stimulates demand for gold, as its price is heavily influenced by currency fluctuations.

4. Geopolitical risks. Tensions in Ukraine and other regions of the world compel investors to seek safe-haven assets, among which gold is one of the most popular.

Price forecasts until the end of 2025

Kozyrev noted that gold and silver could further increase in value. Here are his forecasts:

• Gold. There is a possibility that the price may rise from $3250 to $3690 per ounce, and possibly even higher.

• Silver. The price of silver is also rising but remains undervalued. Prices are forecasted in the range of $38 to $45 per ounce with potential significant fluctuations.

The expert advises keeping 10% to 15% of the investment portfolio in precious metals for risk diversification and points out to collectors that their numismatic values may increase significantly faster than the value of the metal.

These forecasts indicate that precious metals will remain a popular asset among investors amid the unpredictability of the global economy. Investors who react promptly to market changes may significantly benefit from this trend by keeping their assets in safe metals.