Lobo Tiggre: "I'm Changing My Entire Price Predictions for Gold & Silver in 2025 - Here's Why
Gold prices remained under pressure during the European session on Monday, holding above the $2,650 mark despite a significant pullback. Investors booked profits after a five-session rally that propelled gold to its highest level since November 6. While the precious metal saw a 2% decline, it managed to defend its position above the 100-period Simple Moving Average on the 4-hour chart.
Last week, gold posted its best weekly gain in nearly two years, driven by geopolitical tensions and solid demand for safe-haven assets. This momentum continued into early Asia trading on Monday before moderating. The announcement of fund manager Scott Bessent as the new U.S. Treasury Secretary also tempered the appetite for safe-haven assets, contributing to the decline.
Gold’s recent rally has been supported by escalating geopolitical risks, particularly in Ukraine. Reports of Russia launching a long-range missile and deploying experimental ballistic technology targeting the Ukrainian city of Dnipro have heightened tensions. This development follows President Vladimir Putin's confirmation of using advanced weaponry in the conflict, intensifying concerns over the prolonged war and boosting demand for safe-haven investments like gold.
Lobo Tiggre, Editor at The Independent Speculator, highlights the role of increased Central Bank gold buying in raising the metal's price floor. He notes that this trend, which began with the Ukraine invasion, has intensified this year, pushing gold prices into the $2,500–$2,600 range and building momentum toward $2,700.
However, the broader economic landscape has also influenced gold’s trajectory. Last week's better-than-expected drop in U.S. jobless claims to 213,000, below the forecast of 220,000, has capped the metal's upward movement by easing fears of an economic slowdown.
Despite short-term fluctuations, the outlook for gold remains robust. Tiggre points out persistent economic risks and geopolitical uncertainties underpin the metal’s appeal. Moreover, leading financial institutions like JP Morgan and Goldman Sachs predict that gold could reach $3,000 shortly.
After last week’s sharp rally—the strongest in 20 months—gold prices tumbled nearly 2%, slipping below $2,700 an ounce. Despite a weaker US dollar, which typically supports gold, traders shifted their focus to the Federal Reserve’s upcoming interest rate decision.
The retreat comes as US business activity showed its fastest expansion since April 2022, dampening expectations for a near-term rate cut. Swaps traders now assign less-than-even odds of a rate cut next month, with higher borrowing costs weighing on gold, which lacks interest-bearing returns.
Lobo Tiggre highlights the dynamics during gold’s recent surge to $2,800 in futures markets. He explains that the rally drew momentum-driven investors chasing short-term gains. However, corrections flush out these speculative players, allowing more informed, long-term investors to enter. These buyers view corrections as an opportunity to accumulate gold at better value, recognizing its intrinsic appeal amid economic and geopolitical uncertainties.
While gold faces near-term challenges from monetary policy expectations, its role as a safe-haven asset remains intact. As markets adjust to evolving central bank signals, gold’s long-term fundamentals continue to attract value-driven investors, positioning it for future gains.
Follow on X: [ Ссылка ]
"Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you're a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.
Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips"
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
#gold #goldpriceprediction #lobotiggre
