Golden era – why 2025 could shine bright for gold
Gold has truly shone in 2024. Its price soared to record highs, touching 2,790 USD in October before “cooling down” – potentially setting the stage for an even stronger finish to the year.
Now, all eyes are turning to 2025, and whether the precious metal can climb even higher. Could an inflationary boom, as some are forecasting, send the price of gold hurtling past the 3,000 USD milestone?
A high and stable gold price may also be beneficial to miners, which have historically been undervalued relative to gold. This trend may well reverse, and even overshoot, in the forecasted secular gold bull market.
Over the past decade, gold miners have been reducing their debt levels, coupled with vigorous merger and acquisition activity, driving premiums.
Eric Strand, Founder and CEO of AuAg Funds, takes a deep dive into gold and miners, and how they could fare in the year ahead. Read his full outlook below.
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