In this article:Experts say gold will make an unprecedented surge in 2025.
Gold posted excellent returns in 2024, but experts expect it to do even better in 2025.
Donald Trump wants to create a national #bitcoin reserve amid rising debt. Against this backdrop, he wants to create a national bitcoin reserve.
Gold is expecting an unprecedented rise in 2025, while bitcoin continues to move slowly at the end of the year. Bitcoin soared at the end of 2024: the asset was ahead of the curve after President Trump's rally.
Unsurprisingly, bitcoin has reached over $100,000 this year. While bitcoin has risen in price by about 50% since November 3, other assets have followed suit, with #Dogecoin halving in price.
While crypto assets had a great year-end growth, gold had a great year. The price of the precious metal #rose 28% as rising geopolitical and economic tensions attracted financial investors to it as a safe-haven asset. Gold started the year at US$ 2014 and had a great year, hitting new highs several times and reaching US$ 2719 at the end of November.
Usually, most assets in the financial markets experience a pullback after major spikes, such as gold. Investors are familiar with the gold market, so the recent drop to US$2,603 was not a surprise. However, amid geopolitical concerns and inflation in the crosshairs of many Western countries, investors are predicting 2025 for gold.
Rick Kanda, managing director of Gold Bullion Company, praised the rise in gold's value in 2024, saying: Gold has been in the crosshairs of many Western countries for a long time, but it has been in the crosshairs for a long time, noting that this year has been a record year for gold assets. 'There is no denying that 2024 was a record year for gold,' he said.
He also made bold predictions for the precious metal in the new year. Gold has hit all-time highs and broken records.
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