Gold’s trajectory for 2025 looks exceptionally strong, building on its impressive 27% gain in 2024 – its best performance since 2010. A recent poll of 36 market experts projects gold reaching $2,756 per ounce in 2025, reflecting growing confidence in the metal’s safe-haven appeal during Trump’s second term. While gold briefly retreated following the U.S. election and the Fed’s December meeting, which indicated fewer rate cuts for 2025, the metal has found renewed support from Trump’s tariff threats and potential trade conflicts. However, analysts note a market divergence: while high prices might dampen jewelry demand in price-sensitive Asian markets, central bank purchases and speculative interest are expected to remain robust, particularly as geopolitical tensions and inflationary pressures persist.