Commodity strategists evaluating the gold price forecast 2025 trend highlight the correlation between USD weakness and gold upside momentum. A projected 5% decline in DXY could propel spot gold towards $2,500, sustaining investor risk-off positioning. The precious metal has been in the news lately, and many analysts are bullish on gold. In May, Goldman Sachs Research predicted gold would reach $3,700 a troy ounce by year-end 2025. That would equate to a 40% increase for the year, based on gold’s January 2 opening price of $2,633. Rising demand from central banks, along with uncertainty related to changing U.S. tariff policy, are the factors driving the increase. Sources: Metals Focus, ICE Benchmark Administration, World Gold Council; Disclaimer Gold price forecast 2025 trend momentum is bolstered by unprecedented net long futures positions from hedge funds. Data suggests positions up 12% month-on-month, indicating aggressive bullish sentiment.