Gold price looks constructive in 2025 but bond yields need to drop sharply to hit $3,000 - WisdomTree's Nitesh Shah
Portfolio Pulse from
WisdomTree's Nitesh Shah suggests that gold prices could reach $3,000 by 2025 if bond yields drop significantly. This outlook is based on current market conditions and expectations for future economic trends.
November 25, 2024 | 10:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
WisdomTree's Nitesh Shah forecasts a potential rise in gold prices to $3,000 by 2025, dependent on a significant decrease in bond yields.
WisdomTree's forecast for gold prices is significant for investors as it suggests a potential increase in demand for gold-related products, which could positively impact WisdomTree's offerings and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80