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Why Gold Could Reach $4,000 This Year

The price of gold has been setting record after record and many investors are now wondering whether the price of an ounce of this precious metal could reach $4,000 this year. After all, it reached $3,000 in March, and now seems to be comfortable at the $3,300 level with no sign of a major drop. We explore what the prospects of this metal are in 2025 and beyond.

For now, gold is in the limelight, and the current market conditions could be valuable tailwinds for gold-mining companies like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM)

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