Gold Price Development
The rise in gold prices has recently led to a positive momentum in the stocks of major gold producers. This development could be interesting for investors in German-speaking regions as it may trigger a second wave of gold stocks.
Current Status: The gold price increased to about $3,374 per ounce in June 2025, representing an impressive recovery from the lows in 2022. Experts continue to see potential for the gold price. Wallet Investor forecasts price ranges between about $3,313 and $3,496 per ounce for 2025. Citi expects in a bullish scenario that the gold price could exceed the $3,500 mark in the third quarter of 2025.
Impact on Gold Producers
The rise in gold prices typically leads to an increase in the stock prices of gold producers, as higher gold prices boost the profit margins of these companies. Morgan Financial’s experts view this development as a possible starting signal for a second wave of gold stocks. This could increase the interest of investors in German-speaking regions as they could benefit from rising gold prices.
Factors Influencing Gold Price Development
The gold price is heavily influenced by economic factors, such as the strength of the US dollar, interest rates, and overall economic uncertainty. The demand for gold as a safe investment can also impact the price. However, Citi expects that investment demand for gold may decline by the end of 2025 and into 2026.
Forecasts for the Future
Some forecasts suggest that the gold price could rise to about $3,700 by 2026, provided there are no major setbacks below the support level of $3,000. Before further gains, a consolidating phase may occur, supported at the $3,000 mark.
In summary, the rising gold price currently offers positive momentum for gold producers and could increase interest in gold stocks. However, investors should keep an eye on the economic and market conditions that can influence the development of gold prices.