Economy Local March 13, 2025

Gold Price Expected to Rise Amid Safe-Haven Appeal

Analysts at Macquarie Group anticipate the price of gold to rise due to a growing appeal for safe-haven assets amidst economic uncertainties.


Gold Price Expected to Rise Amid Safe-Haven Appeal

Experts from the "Makvari" group predict that gold prices may reach a peak of 2000 dollars per ounce in the near future. According to them, the leading driver for such growth is the increased demand for precious metals due to rising inflation. Moreover, gold remains a popular asset for investors in conditions of uncertainty in global markets.

The main role in increasing the demand for gold is played by its reputation as a "safe-haven asset", in which investors seek refuge during periods of financial instability. Many events in recent times indicate support for alternative currencies that are not tied to the dollar and the weakening American economy.

In this regard, "Makvari" believes that the rise in gold prices will continue, as precious metals maintain their established role as an investment instrument.

"Gold prices have the potential to increase to 2000 dollars per ounce and even higher, thanks to increasing demand and investors' confidence in its reliability as an asset," said a representative of the group.