Gold prices have reached the door to heaven in 2025 as the Xau/USD index reached $3,650 on Wednesday. In the last 24 hours alone, precious metals have skyrocketed 20 points with 0.65% spikes. The rally is maintained by robust demand from retail investors, central banks and institutional funds. The demand for accumulation has remained relatively stable over the past two years, making it a major investment opportunity. Australia’s ANZ Bank offers a bullish gold outlook, and predicting surges is just the beginning.
ANZ BANK: Next Gold Prices reach $3,800
In a recent memo to stakeholders, the ANZ Group raised its gold price forecast to $3,800. The forecast estimates that sparkling metal could reach its $3,800 price target by the end of 2025. This is estimated to be an additional 4.5% from the current price of $3,650. Precious metals have skyrocketed nearly 39% since the start of the year, bringing incredible results for traders.
Anz Bank highlighted the strong demand for gold, which is pushing prices on its charts. The continued demand comes after investors are skeptical of the ongoing tariffs and trade wars. The XAU/USD index is a safe option to isolate yourself from market instability. Not only is it insulated in itself, it also grows at much higher speeds.
“The continued, regulated monetary policy outlook, growing geopolitical tensions, continued macroeconomic challenges and concerns over the Fed’s independence are expected to strengthen the gold investment case.” Anz analyst said in a memo.
“The rising risk to the labor market is likely to encourage the US federal government to maintain its easing stance through March 2026, which will put downward pressure on the US Treasury yields. Anzu summed it up. In conclusion, even if Xau/USD is $3,650, it remains a favorable time to enter the market.
