Expert predicted the value of gold in 2025

Shares of Russian gold miners are growing following the appreciation of gold on the world market to new records. In addition to this factor, quotations are getting an impetus due to corporate events. Alina Poptsova, stock market analyst at Alfa Capital Management Company, told Izvestia on February 6.

"One of the factors of growth in the cost of gold is the active purchase of gold by central banks, especially regulators of developing economies to diversify gold and foreign exchange reserves and reduce the share of the U.S. dollar due to the growth of trade tensions," Poptsova explained.

Another element, she said, is the increasing interest in gold in the Asia-Pacific region, especially from China and India, amid the growth of funds and ETFs, as well as support for investment in such funds from regulators, the jewelry industry and the easing of trade barriers. For example, the Indian government reduced the long-term capital gains tax rate from 20% to 12.5% without indexation and reduced the import duty on gold from 15% to 6%. Also, measures taken by the Chinese authorities to stimulate the economy are likely to lead to higher investment in gold, although jewelry demand is likely to remain subdued.

"These factors may offset the negative impact of a stronger US dollar amid trade tensions," Poptsova summarized.

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Earlier, on January 18, Evgeny Shatov told Izvestia about current investment instruments. According to him, gold and silver retain their role as protective assets in conditions of geopolitical instability and inflationary pressure. These instruments can become an important part of a diversified portfolio.