The current trend in the precious metals markets shows a significant increase in gold and silver prices, driven by various factors such as rising debt, inflation, and geopolitical uncertainties. These developments are making precious metal investments increasingly attractive for private investors.
Gold Price Development
- Record Levels: The gold price has reached new highs in recent months. In 2024, a historic peak of over $2,220 per ounce was achieved.
- Forecasts for 2025: Goldman Sachs expects the gold price to rise to $3,000 per ounce by the end of 2025. This forecast is supported by the ongoing uncertainty regarding inflation and geopolitical risks.
- Long-Term Predictions: Some analysts even predict that the gold price could rise to over $7,000 per ounce by 2030, which would mean a tripling of the current price.
Silver Price Development
- Stabilization and Uptrend: The silver price is showing stability with a slightly positive trend. On May 26, 2025, the price was around $33.49.
- Forecasts for 2025: Experts expect that the silver price could be in the three-digit range. The uptrend structure in the weekly chart suggests that silver could also rise in 2025.
- Long-Term Perspectives: In the long term, silver could continue to benefit from the overall demand for precious metals, especially if uncertainties in the markets persist.
Factors for the Increase
- Inflation and Debt: Rising inflation and debt make precious metals attractive assets, as they serve as a hedge against loss of value.
- Geopolitical Risks: Geopolitical tensions and uncertainties lead investors to invest in safe assets like gold and silver.
- Central Banks: The increased demand from central banks, especially in emerging markets, supports the rise in gold prices, as they shift their reserves from the US dollar to gold.
Overall, the precious metals markets show strong dynamics driven by economic and geopolitical factors. For private investors, gold and silver offer a way to hedge against market risks.