
The gold market remained upbeat throughout the year 2024 and it is expected that Gold will shine going into the New Year. MUFG Bank, Japan’s largest bank and one of the world’s largest has asserted that the bull run in gold will continue through 2025, due to hedging against geopolitical risks and central bank demand in emerging markets.
Demand from financial and monetary institutions, investors and speculators on the back of US Fed cuts, US policy uncertainty and heightened geopolitical tensions offer compelling entry for long gold call. Central banks around the world shored up their gold reserves amid uncertainties that emanated from the ongoing geopolitical uncertainties. Gold is always considered a safe investment bet.