Bybit & FXStreet Report: Gold could reach US$4,000 per ounce by 2025

DUBAI, UAE, May 1, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, in partnership with FXStreet published a comprehensive report forecasting gold's potential to reach US$4,000 per ounce by the end of 2025.

Key Highlights:

New record highs

Gold has recently surged to an all-time high of US$3,500 per ounce. The rally marks a 26% increase year-to-date and a 41% gain over the past 12 months — sharply outperforming equities, with the S&P 500 down 11% in the same period. This underscores gold's renewed strength as a reliable safe-haven asset.

Safe-haven demand

Gold's outperformance reflects a broader macroeconomic trend: investors fleeing volatility in traditional markets. A weakening US dollar, persistent inflation, and negative equity returns have made gold increasingly attractive. As fiat currencies lose purchasing power, gold's status as a hedge against currency devaluation has been reaffirmed across global markets.

Tariff-driven uncertainty

Trade policies under U.S. President Donald Trump have reignited fears of a global tariff war. This uncertainty is driving capital towards gold as a politically neutral store of value. Tariffs on key commodities — and the possibility of levies on gold itself — are pushing exporters and importers to divest from vulnerable currencies such as the CAD, JPY, EUR, CNY, and MXN in favor of gold reserves.

Traditional safe-haven instruments like US Treasuries are seeing reduced demand from exporting nations affected by US tariffs. As Treasury yields lose their appeal, gold is increasingly seen as the only truly stable alternative for risk-averse capital.

Technical momentum

From a technical perspective, bullish signals remain in place. The MACD (Moving Average Convergence Divergence) remains positive, with the short-term (12-day) moving average staying above the longer-term (26-day) average — a classic sign of continued upward momentum. Meanwhile, the Relative Strength Index (RSI) stands at 60, indicating healthy momentum without entering overbought territory.

End-of-year target

Given the supportive macroeconomic backdrop, persistent geopolitical risks, and favorable technical setup, analysts are forecasting the rally will continue short-term. Gold appears poised to test its next resistance level at US$3,500, with a potential to climb to US$4,000 per ounce by year end if current momentum holds.

Diversification potential

Silver presents an overlooked but compelling opportunity for diversification. Historically moving in tandem with gold, silver remains significantly undervalued compared to its 2011 all-time high of US$50 per ounce. With industrial demand also contributing to its strength, silver could benefit from both defensive capital flows and cyclical economic recovery, offering investors an additional layer of resilience.

Conclusion

Gold's rise to historic highs is the result of intersecting forces: economic headwinds, inflationary pressure, political uncertainty, and a global search for reliable stores of value. With traditional safe-havens underperforming and demand from markets like China rising, gold's outlook remains strong. As momentum builds, both gold and silver are reasserting themselves as essential components of a diversified portfolio in 2025.

The full detailed report is available here.

#Bybit / #TheCryptoArk

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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