Tuesday, 4 February 2025

Current Gold Prices and Analysis

By Ojas Gujarat

Current Gold Prices - February 2025

As of February 4, 2025, the gold prices are as follows:

Spot Prices

  • Gold (NYM $/ozt): $2,809.30
    • Change: -$13.70
  • Gold (per gram): $91.66


 

Price Forecast for February 2025

  • Opening Price: $2,833.00
  • Price Range: $2,781.00 - $2,848.00
  • Expected Closing Price: $3,050.00
  • Total Change: +7.7%

Upcoming Monthly Forecasts

  • March 2025:
    • Opening Price: $3,050.00
    • Expected Closing Price: $3,239.00
    • Total Change: +14.3%
  • April 2025:
    • Opening Price: $3,239.00
    • Expected Closing Price: $3,440.00
    • Total Change: +21.4%

Market Trends

  • The gold market is currently experiencing fluctuations, with a slight decrease in prices recently. Analysts project a bullish outlook for gold throughout 2025, with expectations of continued price increases in the coming months.

Market Trends and Analysis

The gold market is currently experiencing fluctuations, with a slight decrease in prices recently. Analysts project a bullish outlook for gold throughout 2025, with expectations of continued price increases in the coming months. Factors influencing these trends include:

    Geopolitical Tensions: Ongoing global uncertainties often lead investors to seek safe-haven assets like gold.
    Inflation Concerns: Rising inflation rates can drive demand for gold as a hedge against currency devaluation.
    Central Bank Policies: Central banks around the world are increasing their gold reserves, which can impact prices positively.

Summary

  • Current Gold Price (Feb 4, 2025): $2,809.30 per ounce
  • Price per Gram: $91.66
  • Forecast for February: Expected to close at $3,050.00, indicating a positive trend.

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