Expectations Soar: Gold's Bullish Run Projected to Persist Through 2025

Forex - Axis Securities commodities research analyst Deveya Gaglani stated that despite gold being currently overvalued, prices are expected to continue rising into 2025. Gaglani emphasized that prices are in an overbought zone; however, geopolitical tensions, strong demand from China, and potential Federal Reserve rate cuts could further support prices. Spot gold increased by 0.82% to reach $2,737.85.