Market Speaks: Gold soars 26% in first half of 2025 says WGC

World Gold Council or WGC has stated in a latest update that Gold has continued its record-setting pace, rising 26% in the first half of 2025. A combination of a weaker US dollar, rangebound rates and a highly uncertain geoeconomic environment has resulted in strong investment demand. As we look forward, one of the questions investors continue to ask is whether gold has reached a peak or has enough fuel to push higher. Using Gold Valuation Framework, WGC analyses what current market expectations imply for gold?s performance in the second half of 2025, as well as the drivers that could push gold higher or lower, respectively. Should economic and financial conditions deteriorate, exacerbating stagflationary pressures and geoeconomic tensions, safe haven demand could significantly increase pushing gold 10%-15% higher from here. On the flipside, widespread and sustained conflict resolution ? something that appears unlikely in the current environment ? would see gold give back 12%-17% of this year?s gains.

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