From Financial Modeling Prep: 2024-12-19 01:58:14

Gold prices are set to climb in 2025, currently at $2,650/oz and up 28% YTD, outperforming the S&P 500. Central banks are increasing gold purchases, with October seeing record buys. UBS projects over 900 metric tons of gold purchases in 2025, driven by de-dollarization efforts and investor demand for safe havens amid global uncertainties. Market data insights available through Commodities API and Economic Calendar API for tracking gold prices and related events.



Read more at Financial Modeling Prep:: Gold’s Rally to Persist in 2025, Predicts UBS