The People’s Bank of China (PBOC) has made headlines by resuming gold purchases after a six-month pause, boosting its reserves to 72.96 million ounces in November. Despite declining gold prices during this period, this move shows China’s dedication to securing its reserves, an action that could drive global gold demand upward.

Looking ahead, analysts forecast gold prices could climb beyond $3,000 per ounce by the end of 2025, strengthened by Federal Reserve rate cuts and robust central bank demand. While the U.S. dollar remains strong, Goldman Sachs notes that the Fed’s monetary easing and geopolitical trends are likely to play a more significant role in gold’s trajectory.

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Below you can find news that may be influencing your investment decisions.

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