2025 Gold Price Chart Analysis: Where Will Gold Prices Head for the Rest of This Year

2025 Gold Price Outlook: Expert Opinions Summary

Major financial institutions expect gold prices to continue rising in 2025. JP Morgan’s July 1st report projects the end-of-year gold price at $3,675 per ounce, which is quite feasible considering the current price has already surpassed $3,300. The $3,000 target set by Goldman Sachs and Citigroup earlier this year has been already achieved. However, a few experts warn of potential corrections in the second half, making risk management essential for investors.

Current Status Shown by Gold Price Charts: Domestic and International Price Trends

As of July 5th, domestic gold prices are 635,000 KRW per 3.75g of 1 don(, up about 43% from 443,000 KRW on the same day last year. Looking at the Korea Gold Exchange price chart, there was a clear upward trend until May, but recently, the pace of increase has slowed.

International gold prices are approximately $3,337 per ounce, up 27% from the beginning of the year and 39% from one year ago. Currently, there is no significant downward trend observed.

Four Major Factors Moving Gold Prices

First, the Spread of De-dollarization Trends

China is promoting the internationalization of the yuan, and India is expanding the use of the rupee. Countries under US sanctions are also increasing gold holdings to reduce dependence on the dollar. These de-dollarization policies lead to a weaker dollar and increased gold demand, which in turn raises gold prices.

Second, Escalating Geopolitical Risks

Gold is a typical safe-haven asset, and demand increases as uncertainty grows. The sharp rise in gold prices during the 2008 financial crisis, the 2011 European debt crisis, and the 2020 pandemic proves this. Recently, US-China tensions, the Ukraine war, and instability in the Middle East are driving current gold price increases.

Third, Concerns Over Economic Weakness in Developed Countries

Inflation in the US and slowing growth in Europe are heightening economic uncertainty. In such situations, investors turn to gold as an inflation hedge and asset protection.

Fourth, Central Bank Interest Rate Cuts

When interest rates are cut, the attractiveness of interest-bearing assets like bonds diminishes, increasing the relative value of gold. Additionally, rate cuts are interpreted as signs of economic weakness, reinforcing safe-haven demand. The case of the US Federal Reserve’s 50bp rate cut in September last year, which led to a sharp rise in gold prices, illustrates this well.

Reading Gold Price Charts: What Investors Need to Know

Based on the outlooks from most institutions, gold prices are likely to continue rising in 2025. However, since current prices already significantly exceed early-year expectations, risk management for potential corrections in the second half is crucial. Regularly monitoring gold price charts and responding sensitively to market signals is a wise investment strategy.