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Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind
Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind

Economic Times

time26-05-2025

  • Business
  • Economic Times

Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind

Gold prices could surge to $8,900 by 2030, driven by monetary policy, inflation, and geopolitical tensions. While gold price corrections are expected, the ongoing bull market is considered a long-term trend for the gold market. Tired of too many ads? Remove Ads Key Drivers Behind Gold's Rise Expect Corrections Alongside Growth How Much Gold Do Investors Actually Hold? Gold Price Outlook Tired of too many ads? Remove Ads FAQs Gold price could increase by $4,000 to $5,000 in the medium term and potentially skyrocket to $8,900 by 2030, a new report revealed, as per ANI. Investment and asset management firm Incrementum wrote in the ' Gold We Trust Report 2025 ' that 'The forecast corridor of $4,800 to $8,900 depends mainly on how inflationary the next five years will be,' reported major drivers influencing gold prices to rise are monetary policy, inflation trends, and geopolitical dynamics, as per the report. The new report also highlighted that the ongoing bull market for gold is not just a short-term phenomenon but is a long-term trend, according to READ: Was French President Emmanuel Macron slapped by his wife Brigette before getting off the plane? Video goes viral Meanwhile, the report has also warned investors about the volatile nature of gold, in which corrections are to be expected, as per ANI. Following a recent sharp 25% rally between January and April 2025, prices of gold have eased in recent months, driven by trade tensions and a shift in market sentiment, as per the report also revealed that family offices and international markets as a whole invest merely around 1% of their portfolios in gold and other precious metals, as per ANI. This investment makes gold sit alongside speciality assets such as art, antiques, and infrastructure, and far behind more popular investments like private equity, real estate, and cash, according to the News recently reported that gold prices are expected to increase once again, supported by factors such as fewer anticipated rate cuts by the US Federal Reserve, as per even JP Morgan has predicted that gold may reach $6,000 per ounce in 2029, which is an 80% jump from the current price, according to the of factors like inflation, central bank policies, and global tensions that increase demand for safe-haven assets The report suggests it's part of a longer-term trend, but volatility and corrections are expected along the way.

France's Macron dismisses video showing wife shoving him in the face

time26-05-2025

  • Politics

France's Macron dismisses video showing wife shoving him in the face

LONDON -- French President Emmanuel Macron played down an apparent spat with his wife Brigette, after a video emerged of what appeared to be the French first lady shoving her husband in the face after they arrived in Hanoi, Vietnam, for an official visit. The video showed Macron appearing inside the door of his aircraft shortly after touching down in the northern Vietnamese city late on Sunday. A hand and arm -- with the person not fully visible but dressed in red -- could then be seen appearing to shove the president's face from his right hand side. Macron appeared startled but quickly turned to wave through the open door. Brigette -- wearing a red jacket -- then appeared from the president's right, with the couple then walking down the plane's staircase together to the tarmac. "We are bickering and joking with my wife and a video becomes a sort of geoplanetary catastrophe," Macron told reporters on Monday. "In the world we live in, we don't have a lot of time to lose" on discussing such topics, he added. Speaking on France's BFMTV television channel, Macron denied any "domestic scene," adding, "This is all a bit of nonsense." Macron is in Vietnam as part of a Southeast Asia tour. He will also visit Indonesia and Singapore.

Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind
Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind

Time of India

time26-05-2025

  • Business
  • Time of India

Gold to reach $8,900 by 2029? A startling report says so — here's what investors should keep in mind

Key Drivers Behind Gold's Rise Expect Corrections Alongside Growth How Much Gold Do Investors Actually Hold? Gold Price Outlook Live Events FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Gold price could increase by $4,000 to $5,000 in the medium term and potentially skyrocket to $8,900 by 2030, a new report revealed, as per ANI. Investment and asset management firm Incrementum wrote in the ' Gold We Trust Report 2025 ' that 'The forecast corridor of $4,800 to $8,900 depends mainly on how inflationary the next five years will be,' reported major drivers influencing gold prices to rise are monetary policy, inflation trends, and geopolitical dynamics, as per the report. The new report also highlighted that the ongoing bull market for gold is not just a short-term phenomenon but is a long-term trend, according to READ: Was French President Emmanuel Macron slapped by his wife Brigette before getting off the plane? Video goes viral Meanwhile, the report has also warned investors about the volatile nature of gold, in which corrections are to be expected, as per ANI. Following a recent sharp 25% rally between January and April 2025, prices of gold have eased in recent months, driven by trade tensions and a shift in market sentiment, as per the report also revealed that family offices and international markets as a whole invest merely around 1% of their portfolios in gold and other precious metals, as per ANI. This investment makes gold sit alongside speciality assets such as art, antiques, and infrastructure, and far behind more popular investments like private equity, real estate, and cash, according to the News recently reported that gold prices are expected to increase once again, supported by factors such as fewer anticipated rate cuts by the US Federal Reserve, as per even JP Morgan has predicted that gold may reach $6,000 per ounce in 2029, which is an 80% jump from the current price, according to the of factors like inflation, central bank policies, and global tensions that increase demand for safe-haven assets The report suggests it's part of a longer-term trend, but volatility and corrections are expected along the way.

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