Analysts tracking gold Q1 2025 price forecast expect spot prices to range between $2,070 and $2,150 per ounce, driven by persistent Fed rate cut expectations and strong central bank buying activity. Market sentiment remains cautiously bullish amid geopolitical risk premiums. "If you've made money in the gold market on the way up, please protect yourself, take some off the table, maybe even take all of it off the table and see what happens." Last updated on 3 October 2025. Data for 2 October 2025. The gold Q1 2025 price forecast points toward a potential test of the $2,200 level if U.S. real yields dip below 1.5%, as ETF inflows signal renewed retail investor interest in precious metals.
