ING Group forecasts a bullish outlook for gold in 2025, driven by potential US-China trade tensions and global commodity market uncertainty. Despite challenges for other commodities, gold’s safe-haven status is expected to boost prices to an average of $2,760 per ounce. Central bank diversification and geopolitical anxieties further fuel this prediction.
As the popularity of gold as an investment surges, so do the number of scams targeting unsuspecting buyers. To ensure you don’t fall prey to fraudsters, it’s crucial to know how to identify fake gold. Here are seven easy and effective tips to help you spot counterfeit gold.
While gold remains a valuable asset, it’s essential to approach gold purchases as long-term investments rather than quick profit schemes. Experts caution against unrealistic expectations of immediate returns, as buying and selling gold involves frictional costs that can lead to potential losses. Holding gold for extended periods allows for value appreciation over time. Fears of economic instability and a potential doomsday scenario have contributed to the recent surge in gold demand. However, those seeking short-term profits should carefully consider their investment strategy.
