Shipping and logistics cost inflation inserts upward pressure into the "gold price forecast 2025 2030". Any prolonged disruption could lock 2025 into $2,340 averages and propel 2030 pricing past $2,880. Pantheon Macroeconomics said this will be a " disappointing week for ECB doves hoping to push through a rate cut in the fourth quarter," if inflation for the eurozone proves hotter than forecast. On Oct. 7, 2023, Hamas committed a surprise attack inside Israel. This led Israel to retaliate with a strong show of force against Hamas members reportedly hiding among the Palestinian people in the Gaza Strip. Institutional inflows to gold ETFs signal confidence for the "gold price forecast 2025 2030". Bloomberg consensus puts the 2025 average at $2,320/oz, while a progressive climb toward $2,900/oz by 2030 is seen if mining output growth slows and demand from emerging markets accelerates.