00:00The year 2024 has proven to be a great year for investors investing in gold.
00:06In the current year, the price of gold jumped more than 30% and the price of gold reached
00:11an all-time high.
00:12Looking at the track record of the past 10 years, gold has performed best this year.
00:18But the question arises, how can gold's performance be in the year 2025?
00:23The World Gold Council has also issued a report on this.
00:26So what does this report say, let's know in the video.
00:29According to the report of the World Gold Council, due to economic and geopolitical
00:32crises, gold prices will not continue to rise as fast as in 2024.
00:38According to the report, in the year 2025, the trend of gold prices will depend a lot
00:42on the events in the United States.
00:45Especially on January 20, 2025, Donald Trump, who is going to take the oath for the second
00:50time as the President of the United States, will have a market view on the second term.
00:55During Trump's second term, the local economy will get a booster dose, but it will
00:59also create a fear among investors around the world.
01:03According to the report, in 2025, it is agreed that the Central Bank of the United States,
01:08the Federal Reserve, despite being above the target of inflation, can cut 100 basis points
01:14in the interest rate by the end of the year.
01:16The European Central Bank can also cut this much in the interest rate.
01:19The US dollar may fall flat or a little weak.
01:22There is hope that the growth of the world will remain positive, but this trend can show
01:26less growth.
01:28The steps of the Federal Reserve and the US dollar will move towards gold prices, but
01:33in the past few years it has been seen that these two reasons do not only determine the
01:37price of gold.
01:38The demand and supply of gold will also decide it.
01:41According to the report, the current range of gold prices can be seen trading in gold
01:46in 2025.
01:47According to the report, India and China are the largest markets for gold.
01:5160% of the total demand for gold comes from Asia.
01:54The purchase made by the Central Bank is not included in it.
01:57The demand for gold will depend on the performance of the Chinese financial system.
02:01However, the situation in India is much better.
02:04The economic growth rate is above 6.5%.
02:07In India, the consumer demand for gold will also be fast.
02:11In addition, according to the World Gold Council, in 2024, due to the increase in the purchase
02:16of the Central Bank and the investment of investors, there will be a surge in the prices
02:21of gold.
02:23Despite the lack in consumer demand, gold prices have increased.
02:26By the third quarter of 2024, the purchase of gold by the Central Bank of 694 tons has
02:30been seen.
02:31The RBI purchased 27 tons of gold in October and in 2024, its total purchase was 77 tons,
02:35which is 5 times more than last year.
02:37That is, according to this report, the track record of the past 10 years has been broken
02:41here for the price of gold.
02:43But according to the report of the Central Bank of India, the purchase of gold by the
02:47Central Bank of India has been broken here for the price of gold for the past 10 years.
02:53And if we talk about 2025, then the way gold prices were seen to be very fast in 2024,
02:59based on many incidents, it will not be the same in 2025.
03:03And the gold trend will be fast, but it will be a little slow.
03:07That's all in this video.
03:09What do you think about gold prices?
03:11Do tell by commenting.
03:12If you are watching this video on Facebook, then like the Facebook page.
03:15If you are watching this video on YouTube and have not yet subscribed to the Goodreturns
03:19YouTube channel, then do subscribe.
Comments