3 reasons why Gold might reach $3000 in 2025

• Gold already up 1.2% so far in 2025
   
• Further gains require more Fed rate cuts, central bank/ETF buying, and safe haven demand
   
• Bullion could climb if investors seek inflation hedge under Trump 2.0's inflation-stoking policies
   
• Bulls must still battle past resilient US dollar, hawkish Fed
   
• Bloomberg model: 76.6% chance XAUUSD trades between $2332.23 - $3208.43 this year

Gold bulls are setting the tone early doors this year.

The precious metal has climbed over 1% within the first trading day of 2025. Bullion is enjoying a lift from safe haven bids, while riskier equities struggle to hold on to nascent gains.

However, bullion bulls may face an early test in next week’s FOMC meeting minutes and NFP prints. Should either of those releases prompt markets to brace for a hawkish Fed in 2025, that could trigger some slight profit-taking in spot gold.