Gold Price to Hit $3,600 in 2025: CIBC Forecast

CIBC gold price Gold Price Forecast to Hit $3,600 in 2025 CIBC Capital Markets forecasts that gold prices will average $3,600 per ounce in the second half of 2025. Despite recent declines, analysts led by Anita Soni highlight rising geopolitical tensions and expectations of US rate cuts as key drivers. Gold remains a safe haven amid ongoing uncertainty in the Middle East and Russia, along with accelerating global de-dollarization. The bullish forecast follows gold’s strong 30% climb this year, reaching a record $3,500 per ounce in April. CIBC’s outlook suggests a further 3% upside from the pea...