Could Gold Reach $4,000 in 2025? Here’s What Experts Say
Cryptocurrency
Benzinga

Could Gold Reach $4,000 in 2025? Here’s What Experts Say

July 22, 2025
03:54 PM
7 min read
AI Enhanced
investmenteconomyfinancialprecious metalscommoditiesmarket cyclesseasonal analysismarket

Key Takeaways

The post Could Gold Reach $4,000 in 2025? Here’s What Experts Say by Sarah Edwards appeared first on Benzinga. Visit Benzinga to get more great content like this. With prices blasting past one record ...

Article Overview

Quick insights and key information

Reading Time

7 min read

Estimated completion

Category

cryptocurrency

Article classification

Published

July 22, 2025

03:54 PM

Source

Benzinga

Original publisher

Key Topics
investmenteconomyfinancialprecious metalscommoditiesmarket cyclesseasonal analysismarket

With prices blasting past one record high after another for more than two years, investors have a new big question: Could gold reach $4,000 in 2025

However, Some analysts place the new floor at $3,000 an ounce, and they expect the price of gold to average just north of $3,300 through 2025

By the end of the year or early in 2026, they predict it will reach $4,000

Since 2023, gold prices have risen on strong buying by global central banks, inflation concerns and geopolitical uncertainties, which are all trends that remain (noteworthy indeed)

But a reversal in these trends, coupled with high prices stunting demand and investors shifting to other investments, could slow the bull run

However, Here are some of the predictions and key factors that could send gold prices higher or lower through the second half of 2025

Nevertheless, Table of ContentsGold's Recent Run-Up: Over $3,000 and ClimbingExpert Predictions: What Analysts Say Gold in 2025What's Driving the Bull Case for $4,000 Gold (remarkable data)

See All 6 ItemsGold’s Recent Run-Up: Over $3,000 and ClimbingSince the start of the Covid-19 pandemic in 2020, gold prices have nearly doubled

Much of that growth has come in the last two years, with gold setting 40 all-time highs in 2024, hitting a high of $2,777 (this bears monitoring). 80 per ounce on Oct

Furthermore, 30, and through the previous psychological ceiling of $2,900 on Feb. 11 of this year

A month later on March 14, the price of gold burst through the $3,000 mark, setting a new floor

Gold’s performance in 2024 was its best in 14 years, with the precious metal outperforming all major asset classes, amid market uncertainty. 5% rise in gold that year was attributed to demand from global central banks and investors, which offset declining consumer demand, increased military conflicts, the U

Furthermore, Presidential election and a weakening dollar

Furthermore, In contrast, Those same factors have driven gold prices up another 25% through the first half of 2025

Additionally, Gold traded around $3,350 on July 16

Expert Predictions: What Analysts Say Gold in 2025A number of market watchers remain bullish on gold, with one major outlying forecast hinting at bearishness ahead (quite telling)

The gold price outlook from most analysts emphasizes the precious metal’s continued climb through the second half of 2025 (an important development)

Moreover, Additionally, Consider these gold price predictions by the end of 2025 from major banks:Goldman Sachs: $3,700J

At the same time, Morgan: $3,675Morgan Stanley: $3,800UBS: $3,500Analysts point to global economic uncertainty, a weakening U

However, Dollar and the potential for inflation for their bullishness

This analysis suggests that y also note that higher gold prices may get support from China’s stimulus — allowing insurance funds to invest in gold — and continued buying by retail investors and central banks

In contrast, Analysts with Citi are a bit more bearish, however

On the other hand, At the same time, The bank expects the price of gold to consolidate in the third quarter between $3,100 and $3,500 per ounce, driven by safe-haven actions based on geopolitical risks, the impact of U

Tariffs and concerns over the U

However, Citi predicts gold prices to drop below $3,000 in late 2025 as the U

Resolves tariff issues, geopolitical risks slacken and the U, amid market uncertainty

However, Economy avoids a hard landing

Still, Citi gives a bull forecast as much of a chance as its bear forecast, and other major banks expect gold prices to continue to climb toward $4,000 per ounce by 2026

What’s Driving the Bull Case for $4,000 Gold, in this volatile climate

Gold may have taken two years to climb from $2,000 to $3,000 per ounce, but some analysts suggest the pace of the bull rush has quickened, and $4,000 might happen by the end of 2025 or early in 2026

Analysts argue that a strong structural case remains for prices to continue to rise

Around the globe, investors are picking up gold over concerns of geopolitical unrest and inflation, and to guard against a weakening dollar, in this volatile climate

Moreover, That’s on top of buying by central banks — especially in the BRICS nations of Brazil, Russia, India, China and South Africa — that are worried U

Conversely, Debt and the U

Dollar’s position as a global reserve currency, in today's financial world

In 2024, global central banks added enough gold to push the precious metal past the U, in today's financial world

Dollar as the second-leading reserve asset held

On the other hand, Bank of America, which notified investors in early July that gold may surpass $4,000, says a survey of global monetary authorities shows that 95% of them expect central banks to continue building gold reserves

On the other hand, What the re reveals is growing reserves in the world’s central banks suggest a shift to de-dollarize their reserves, or move them away from U

Nevertheless, Assets such as Treasuries and other dollar holdings, given current economic conditions

Central banks and investors are seeking the safe haven of gold for its store of value

What Could Stop Gold From Reaching $4,000

While a number of analysts continue to ride the bull on gold, Citi and others are sounding the alarm of headwinds

The data indicates that y argue a significant correction may be coming, with gold prices dropping to $2,500 to $2,700 per ounce in the second half of 2026

Potential barriers to gold reaching $4,000 include investor demand dropping and imved global economic growth, in light of current trends

Higher gold prices could also drive down demand from investors and central banks

Some analysts already note lower buying by central banks in the first quarter of 2025, given the current landscape

Moreover, Interest in gold may also wane if the U

Dollar strengthens, making it more expensive for foreign governments to purchase gold, which is priced in U

Additionally, An economic soft landing could bolster the greenback

Demographic shifts may also play a role in slowing gold’s roll

A PEW Re study in 2024 found that 68% of investors under 35 would choose cryptocurrency over gold

And the National Digital Reserve Act introduced in the U, given the current landscape

Senate this year could further legitimize crypto and encroach on gold’s reserve

Bottom Line: Is $4,000 Gold a Fantasy or a Forecast, in today's market environment

Nevertheless, So could gold reach $4,000 in 2025

While it’s not guaranteed, some analysts believe market momentum and macroeconomic factors (central bank buying, recession concerns and geopolitical uncertainty) support a $4,000 gold price as a credible possibility (quite telling)

Other analysts see a price pull-back coming as high prices drive investors to other investments and nical signals indicate a shift in momentum, considering recent developments

However, Frequently Asked QuestionsQWhy is gold’s price rising in 2024 and 2025

ASeveral factors drove the price of gold up in 2024 and the first half of 2025, and many experts believe that this increase will continue

The factors supporting rising gold prices include gold being considered a safe haven during uncertain economic and political times, sticky inflation, hovering concerns of a recession, unabated global central bank buying, a weakening U

Dollar, and geopolitical unrest

QWill gold hit $4000 an ounce

AA number of gold analysts say the increase in gold prices is ly to continue, reaching $4,000 by the end of 2025 or mid-2026

The trends supporting rising gold prices have been world central banks moving away from U

However, Dollar reserves and stocking up on gold amid concerns U

Debt, geopolitical unrest continuing in Ukraine and the Middle East, and economic uncertainty looming over global by shifting U (fascinating analysis)

Additionally, Tariffs and policy, considering recent developments.