Gold Prices Continue to Rise in 2025
As of March 4, 2025, gold prices have experienced a notable increase, with an ounce currently trading around $2,892.00, marking a slight 0.1% decline from the previous day. This follows a strong upward trend in 2024, driven by declining interest rates, persistent demand for safe-haven assets, and increased gold purchases by central banks.
In the Egyptian market, gold prices have remained stable, with the price of 21-karat gold standing at approximately 4,080 Egyptian pounds per gram.
Analysts predict that this bullish trend will persist throughout 2025. Goldman Sachs recently raised its gold price forecast for the end of the year to $3,100 per ounce, citing ongoing strong demand from central banks and investors seeking safe-haven assets. Similarly, JPMorgan anticipates an average gold price of $2,950 per ounce for 2025, with potential peaks reaching $3,000.
Several key factors are influencing these projections, including geopolitical tensions, inflation concerns, and a shift by central banks toward gold as part of diversification strategies away from the U.S. dollar. Additionally, financial and monetary policies could further enhance golds appeal as a safe-haven asset for investors.
Given these ongoing trends, gold prices may continue to rise in the coming months of 2025, making it a focal point for investors worldwide.
