PETALING JAYA: Gold price has room to make more gains in 2025 as most experts are pegging the precious metal could rise to between US$2,900 and US$3,000 per ounce, or even higher, thanks to, among others, central banks worldwide upping their gold purchases as a reliable investment.
In addition to central banks buying, analysts, bankers and economists attributed the expected increase in gold prices to geopolitical tensions, expected declines in global interest rates and ongoing economic uncertainties.
