Gold 2025 Outlook: The Five Drivers That Matter Most
After two years of central bank-led rallies, the gold market enters 2025 with a different set of catalysts. Here are the five forces most likely to determine the year.
After two years of central bank-led rallies, the gold market enters 2025 with a different set of catalysts. Here are the five forces most likely to determine the year.
Major banks publish targets across a wide range. Here is the actual reasoning behind each, the assumptions required, and the probability the market is currently pricing.
Platinum has not traded above $2,000 since 2008. The structural case for revisiting that level is stronger than at any point in fifteen years. Here is the framework.
In March 2008, platinum traded above $2,300 per ounce, a record that still stands. The collapse that followed teaches more about the metal than the rally itself.
Junior silver miners can deliver 5-10x the move of physical silver during a bull. They can also go to zero. Here's how to think about the leverage without lying to yourself about the risk.