#MarketNewHype Gold $PAXG According to ANZ analysts, gold will retain its appeal as a safe-haven asset in 2025 as heightened geopolitical and economic uncertainty combined with active central bank buying will support prices.

While factors against a stronger US dollar and Fed rate cuts persist, ANZ expects moderate yields for the yellow metal at around 10% and prices could reach record levels of $2,900 an ounce next year, the bank said in a note to analysts.

Geopolitical risks such as rising tensions in the Middle East and concerns over Trump's trade policies will keep gold demand high, analysts said.