Gold Prices

09-12-2025 - Over the past month, the price of gold has risen from $3,979.9/oz to $4,187.2/oz, indicating a notable increase in value. This upward trend suggests that various market factors are influencing demand and investor sentiment. The forecast for gold is $4,156.2/oz, a slight decrease from the current price of $4,187.2/oz, representing a change of -$31.0/oz or -0.7%. This forecast suggests stable raw material prices with minimal risk.

The current forecast indicates a significant downward price impact of -$45.1/oz due to supply factors, particularly inventories. However, demand, flows, and technical data suggest upward pressure, presenting mixed signals for the raw material market. Recent analyses offer a bullish outlook for gold prices in the near term, contrasting with the forecasted decline to $4,156.2/oz over the next month. For example, a report from Investing.com notes that gold is consolidating near $4,200/oz, with expectations that a potential Federal Reserve rate cut could drive prices higher. The analysis emphasizes that a dovish stance from the Fed and continued central bank accumulation could strengthen gold prices into the first quarter of 2026. This perspective presents a contrary view to the forecast, highlighting the complexity and uncertainty in the current market environment.