Australia: Gold prices hit an all-time high, with Macquarie predicting they could climb to $3,500 per ounce by the end of 2025.

Australia: Gold prices hit an all-time high, with Macquarie predicting they could climb to $3,500 per ounce by the end of 2025.
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It’s interesting to see gold reaching new heights in Australia! The prospect of it potentially hitting $US3500/oz by the end of 2025, as suggested by Macquarie, indicates strong market dynamics and ongoing economic uncertainty. Factors such as inflation, geopolitical tensions, and changes in interest rates will likely play a significant role in driving demand for gold as a safe haven asset. It will be fascinating to watch how the market evolves in the coming years. Do you think this forecast is realistic? What other factors could influence the gold price?