HSBC Predicts Gold's Rollercoaster: 2024 Surge Followed by 12% Drop in 2025 HSBC has revised its gold price forecast, predicting a short-term rise followed by a significant drop in 2025. Despite gold reaching record highs in May 2024, driven by safe haven demand, hedge fund purchases, and expectations of central bank rate cuts, HSBC analysts anticipate that positive real rates will eventually weigh on gold prices. While the bank has raised its 2024 average price forecast to $2,305/oz due to near-term strength, it has lowered its 2025 projection to $1,980/oz, suggesting a 12% decline from current levels. This forecast comes amid a complex market environment where strong OTC and real money investor purchases are offsetting ETF liquidations, but analysts believe the current bullish sentiment may be overstretched. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Standard Could Be the Key to Ending Price Volatility, Fed Study Suggests READ MORE Goldman Sachs Recommends Gold to Mitigate Inflation Risk from U.S. Elections READ MORE Supercore Inflation Surge Signals Tough Road Ahead for Fed READ MORE The Risks of Gold and Silver ETF's vs. Physical Metals READ MORE Expect Continued High Interest Rates as Fed Seeks More Progress on Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment