Business Daily Media

Men's Weekly

.

Gold's road to $3,000: expert analysis by global broker Octa

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 5 December 2024 - Gold has been valued for its stability when the financial fires are raging. That stable nature was underscored in 2024 when its price shot upward, gaining over $700 per ounce.

This amounted to a 34% increase since January. The vibrant price increase has gotten traders and investors all jazzed up again about gold, with the most pressing question among them being: could gold exceed the $3,000 price point by 2025? Kar Yong Ang, a financial market analyst at Octa broker, delves into the topic.

Octa

Inflation, interest rates, and geopolitics
Inflation and interest rates influence gold prices. When inflation soars, investors tend to buy gold to protect their purchasing power. They view it as a much safer investment than stocks or bonds because stocks are prone to sudden price drops, and bonds can lose value when interest rates rise due to high inflation. Historically, though, when real interest rates (which are inflation-adjusted) have declined, gold has just soared. As some would say, 'There is no better buy'.

By 2024, the percentage of overall reserves held in gold by central banks had reached 10%, a significant climb from the 3% level recorded just 10 years earlier. Although we are still in an era where most reserve currencies are fiat (for example, paper with little intrinsic value), an increasing number of central banks seem to believe that holding gold adds an element of prudence to their reserve diversification strategy. Emerging economies, especially in Asia, are seeing their central banks take on an increasingly important role in the gold market. China (which now holds 5% of its reserves in gold), along with India, has emerged as one of the preeminent buyers of gold.

Moreover, the central banks of the emerging economies have, since 2022, stepped up their pace of gold buying. The catalyst for this last development was the unprecedented freezing of Russian assets, which prompted multiple nations to reconsider the makeup of their reserves.

Octa

Furthermore, the global shift towards a more sustainable economy, including investment in renewable energy and green technologies, is driving limited demand for certain commodities, such as precious metals that include gold. Gold plays an important role in clean energy technologies, including solar panels and electronics for energy-efficient systems. This increased demand for technological gold is exacerbated by growing concerns about the lack of resources necessary for the green transition.

Moreover, geopolitical tensions and economic uncertainty further underscore the attractiveness of gold as a safe asset, attracting investors seeking relief amid rapid changes in global markets. The Ukraine conflict, strained US-China relations, and unrest in the Middle East have sent investors scurrying to safe-haven assets. And when it comes to safe havens, gold is a time-tested destination. Its record of price stability in an unstable world at present stands in stark contrast to the behaviour of the stock market and other assets. An instance of this is China's recent accumulation of gold, which now makes up 5% of its foreign exchange reserves. This is yet another sign of a shift towards resilience in a global economy fraught with uncertainty.

Technical analysis: key levels to watch
According to the technical analysis, the asset's price is still in the uptrend, even on a high timeframe. The long-term bullish trend also hasn't changed for a bearish one. The $3,000 target, which aligns with the 4.236 Fibonacci extension level, is pretty real. However, this level may be too ambitious for the moment of publication.

Octa

Prospects for 2025 – factors shaping gold's future

According to the Chief Economists' Survey from the World Economic Forum, economists are uncertain about global economic stability. 54% of respondents forecast a steady outlook and 37% project further deterioration. Future fiscal policies targeting climate adaptation, a shifting demographic landscape, and ramped-up defence spending are set to push inflation upwards. All these look to gold as an inflation hedge​; however, it's not just private investors: central banks are in on the gold thing, too. They are expected to keep topping up their gold reserves and, in the face of all these other demands, are likely to maintain long-term demand.

So will gold hit the $3,000-per-ounce price in 2025? The scenario seems very possible. However, for the asset's price to reach a rather ambitious target, favourable market conditions are required. They include both macroeconomic and geopolitical factors. For example, the re-election of Donald Trump introduces additional variables into the equation. Trump's geopolitical stance, particularly regarding global trade and conflict resolution, could influence investor sentiment and safe-haven demand. If his promises regarding the resolution of numerous conflicts are fulfilled, investors may partially abandon safe-haven assets for the riskier ones.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

News from Asia

XCL World Academy Opens New Early & Primary Years Campus in Singapore

New learning spaces advance XWA’s “Academy of the World” vision, integrating bilingual education and AI literacy from the earliest years. SINGAPORE - Media OutReach Newswire - 22 October 2025 - XC...

CAAT Reports 10 Years of Success as Thailand Tops Global Aviation Safety Scores at 91.35%, Surpassing the Global Average by Over 20%

BANGKOK, THAILAND - Media OutReach Newswire - 15 October 2025 - The Civil Aviation Authority of Thailand (CAAT) announced the results of the audit on the civil aviation safety oversight system und...

National Treasure Returns to "Hunan":The Zidanku Chu Silk Manuscripts(Volumes Ⅱ and Ⅲ)Incorporated into the Collection of Hunan Museum

CHANGSHA, HUNAN - Media OutReach Newswire - 22 October 2025 - On the morning of October 13, a ceremony for the transfer and incorporation of the Zidanku Chu Silk Manuscripts (Volumes Ⅱ and Ⅲ), nam...

BK8 Gresini Racing MotoGP Heads to Sepang After Historic Double Podium in Indonesia

SEPANG, MALAYSIA - Media OutReach Newswire - 23 October 2025 - BK8 Gresini Racing MotoGP arrives at the Petronas Grand Prix of Malaysia riding momentum from a historic double-podium fin...

Ecube Car Rental Expands Car Rental Fleet to Meet Growing Demand in Singapore

SINGAPORE - Media OutReach Newswire - 23 October 2025 - Ecube Car Rental, a leading provider of car leasing solutions in Singapore, has expanded its rental fleet with a range of new models to ...

HGC wins "The Outstanding Award of ESG 2025"

Uunderscoring HGC’s Dedication to Embed ESG into Business Operation HONG KONG SAR - Media OutReach Newswire - 23 October 2025 - HGC Global Communications ("HGC" or the "Group"), a fully-fledged ...

Chinese Cosmetics Companies Sweep Awards at 2025 INPD in Paris

BEIJING, CHINA - Media OutReach Newswire - 21 October 2025 - On October 15-16, the annual global beauty innovation event, the 2025 INPD was held in Paris, France. From unveiling of the INPD awards...

Dah Sing Bank New Personal Loan Plan with Ultra-Low Interest Rates

Extra HKD200 Supermarket Coupon for New-to-Bank Customers HONG KONG SAR - Media OutReach Newswire - 23 October 2025 - To help customers take advantage of the low interest rate environment, Dah Sin...

Galaxy Macau Strikes Gold at the Tatler Best Awards with 8½ Otto e Mezzo BOMBANA and Long Bar Named Among Asia-Pacific’s Finest

Michelin-starred 8½ Otto e Mezzo BOMBANA recognized for the second year running while Long Bar makes the prestigious list just one year after opening MACAU SAR - Media OutReach Newswire - 23 Octob...

Hongkong Land pioneers Hong Kong's first tempered and laminated glass recycling solution at Tomorrow’s CENTRAL

Key highlights include: Hongkong Land originates a groundbreaking closed-loop circular economy initiative in partnership with Gammon Construction and The Hong Kong Polytechnic University, ...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Wage underpayment headlines continue to put pressure on employers of all sizes, revealing how costly payroll mistakes can be for small and medium bu...

Brennan Bolsters Leadership to Accelerate Next Growth Chapter

In a move to further embed cybersecurity at the heart of its business strategy and deliver sovereign secure-by-design solutions for its customers, A...

How to Be Investable: Insights from Richelle Nicols, CEO of Pollinatr

Richelle Nicols is the CEO of Pollinatr, a pioneering investment and business development program designed to support and accelerate the growth of s...

What Can Australian SMEs Hope For in a Meeting Between Albanese and Trump?

For small and medium-sized enterprises (SMEs) in Australia, international politics might seem distant—but when leaders like Prime Minister Anthony...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...