Gold has been on quite a journey. From April 2024 to April 2025, it staged a robust rally, climbing steadily and reaching a strong peak. Over the past couple of months, however, the yellow metal has slipped into a period of consolidation.
The big question now is does this mark the end of the bull market, or is gold simply catching its breath before the next move?
From my recent meetings, some investors believe the rally has run its course and a deeper pullback is coming. Others see this consolidation as a healthy pause before gold resumes its upward climb. There are also those who expect gold to remain range-bound for the rest of the year while a fair number prefer to wait and watch, saying it is still too early to call.
Where do you stand on gold’s outlook for the remainder of 2025?
Please send me your feedback via email. The outcome of the survey will be covered in our next webinar, helping foster a collaborative and informed discussion.