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Gold price after Trump

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Gold price after Trump

Dear James, What do you think the $USD price of gold will do in the next year ? John.

Answer

Hi John,

A very topical subject which we touched on in Fridays report, in essence our current thinking is as follows:

  • The bull market is intact but 2025 is likely to see less upside.
  • We are looking for consolidation between $US2650-2850 over the coming months.
  • A test of $US3,000 is a strong possibility in 2025 but overall we believe its time to “Buy dips and fade strength” albeit with a bullish bias.

As/when this outlook changes we will update subscribers.

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Gold ($US/oz)
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