
Gold can maintain a firm upward trajectory into the second half of 2025, the World Gold Council's mid-year outlook said. With precious metal already up around 26% year-to-date, analysts outline persistent geopolitical risk, sustained central bank demand, and weakening U.S. dollar as key drivers for this thesis.
If economists and markets are correct, gold may track sideways or gain modestly, but deteriorating global conditions could push prices 10–15% higher," the report, released on July 15, said.