Gold Price Forecast Until the End of the Week
Published on: April 30, 2025
The price of gold reflects not only the value of the metal itself but also the state of the global economy. As of the end of April 2025, gold is trading at around $3,300 per troy ounce, after surpassing the $3,500 mark earlier this month. This surge is driven by growing market uncertainty, geopolitical tensions, and expectations of changes in U.S. monetary policy.
By the end of this week, the price is expected to remain between $3,135 and $3,499. The key factors will be economic data from the United States, market expectations surrounding the Federal Reserve’s decisions, and movements in the U.S. dollar. Weak economic results could increase demand for gold as a safe-haven asset, while a strong dollar may limit further price gains.
On a technical level, the market shows signs of consolidation. Following the sharp rally in April, some investors are taking profits, which has led to a mild correction. However, this does not necessarily indicate the end of the upward trend. Long-term expectations remain positive, especially if global uncertainty deepens.
Geopolitical conflicts, particularly in the Middle East and Asia, also play a significant role. They elevate perceived risk and drive central banks—especially in emerging economies—to increase their gold reserves. This adds to demand and supports the price.
In conclusion, gold is likely to trade within the $3,135 to $3,499 range by the end of the week. The main risks relate to economic announcements and geopolitical developments. If U.S. data disappoints, gold could once again approach the upper end of this range.
