Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3,000 mark, as geopolitical uncertainties continue to shape investor sentiment. Among the key drivers of this rally are U.

Citigroup Inc. expects gold prices to hit a record $3,000 an ounce within three months, with geopolitical tensions and trade wars stoked by Donald Trump boosting demand for safe-haven assets.

Investors are typically drawn to gold because of its diversification benefits and track record of being a hedge against inflation. Gold prices often rise during periods of economic turmoil, such as during the 2008 financial crisis or the collapse of Silicon Valley Bank in 2023.