Gold prices in the United States have reached a new high, trading at $3,317.23 per ounce today, April 20, 2025. This steady price comes after a sharp rise over the past few months.
Experts say the increase is due to global uncertainty, rising inflation, and strong demand from investors. Many people buy gold during unstable times because it is seen as a safe investment.
Big financial firms are raising their gold price forecasts. For example, Bank of America expects gold to reach $3,063 in 2025. Meanwhile, Citi believes prices could go as high as $3,500 in the next three months.
Part of this demand is coming from China. The Chinese government now allows insurance companies to invest in gold, which may push prices even higher.
Investors around the world are keeping a close eye on gold. As the economy continues to shift, gold is likely to remain a popular and reliable choice.
For more gold price updates, visit DC Brief.
