Since the beginning of 2024, the performance of the gold price has been astonishing, skyrocketing from around $2,000 per ounce to over $3,400 per ounce as of now, with the precious metal repeatedly hitting new highs. A series of factors, from inflation concerns to geopolitical uncertainties, and central bank large-scale purchases, have all contributed to the upward trend of gold prices.
Now, as the price of gold hovers near another potential record, people can’t help but wonder: will the price of gold soon surpass $4,000 per ounce? CBS News interviewed three investment experts who discussed the future prospects of gold investment and practical methods to seize investment opportunities in the current high-priced situation.
Ben Nadelstein, the head of the gold income market, Monetary Metals, said, “If the price of gold can continue last year’s percentage increase, then reaching $4,000 in 2025 is just around the corner.”
Brandon Aversano, the CEO of the financial technology platform The Alloy Market, expects the price of gold to reach $4,000 within a year. Aversano stated, “Given the global turmoil and conflicts, along with strong demand and inflation from central banks, gold is unlikely to experience any fluctuations but only to continue to rise.” For a long time, gold has been used as a hedge against inflation, which prompts central banks to purchase gold during economic downturns.
Aversano believes that watching whether the gold price rises by double digits each month or quarter is crucial, indicating that the price of gold will accelerate towards the key level of $4,000 per ounce.
He cautiously added, “But if we see a significant slowdown in the rate of price increase, reaching this milestone may take longer.”
Midas Funds, an investment management company focusing on precious metal funds, took a more cautious approach to the timeline. Despite the significant rise in the price of gold in the first half of 2025, Thomas Winmill, the manager of Midas Funds, stated that unless a serious geopolitical event occurs, “the likelihood of gold reaching $4,000 within the next one to two years is greater.”
While the price of gold may be high now, experts suggest that there are still wise moves to seize investment opportunities without having to pay a premium. Here are some entry strategies they recommend:
Aversano suggests viewing gold as a long-term asset class. He said, “It is best used to balance financial investment portfolios.” Avoid the temptation to rush into selling gold investments based on daily price fluctuations.
For those who believe that the price of gold will reach $4,000 but are not concerned about the exact timing, a long-term strategy is particularly effective. By focusing on the overall situation rather than daily fluctuations, one can profit from the rising gold price without worrying about timing.
Nadelstein mentioned that leasing gold can generate returns paid in gold each month without being affected by short-term price fluctuations. This strategy essentially involves lending gold to borrowers and earning interest from it.
Gold holders can initially invest their stored gold in leasing projects without paying storage fees and accumulate more gold ounces over time. This means increasing gold holdings without buying more gold at current high prices. This method may be attractive for those who already hold some gold and believe that the price of gold will eventually reach $4,000.
Winmill advised, “Invest a certain percentage of assets in gold mining company funds that can benefit from the current high gold prices.” He predicts that due to the rising gold price, mining companies’ revenues and profits will significantly increase in the next quarter.
Winmill also stated that the best gold mining funds typically focus on consistently profitable mining companies. When evaluating gold mining funds, look for companies with strong management teams that continue to generate cash flow during uncertain periods.
In conclusion, regardless of whether the price of gold will reach $4,000 in 2025 or later, experts unanimously agree: it is better to act sooner rather than later. Winmill suggested, “Start by investing some funds initially and increase holdings regularly,” to achieve sustained returns in the long run.
(Disclaimer: This article is for general informational purposes only and does not constitute any recommendation. Epoch Times does not provide investment, tax, legal, financial planning, real estate planning, or other personal finance advice. For specific investment matters, please consult your financial advisor. Epoch Times does not assume any investment responsibility.)