Archive · 24 Sep 2025
Analyst Predicts Gold Price Surge to $6,600/oz
Gold prices have been going up a lot recently, and an analyst named Christopher Wood thinks they will go up even more.
He believes gold could reach $6,600 per ounce, a big jump from where it is now.
This is because people buy gold when they are worried about things happening in the world, like wars or economic problems.
Central banks are also buying gold.
The analyst uses a special way of calculating the price, based on how much money people earn.
The current gold price is equivalent to 5.6% of US disposable income per capita, while the target suggests it should rise to 9.9%.
This analysis implies gold is set to increase in value.
Gold prices have increased nearly 43% in 2025.
Analyst Christopher Wood forecasts gold to reach $6,600/oz.
Wood's prediction is based on the historical relationship between gold prices and US income.
Safe haven buying and central bank purchases are driving gold price increases.
Julius Baer analysts see potential for gold to reach $4,500 to $4,800 in the short-to-medium term.
- Who
- Christopher Wood, a Jefferies analyst, and investors
- What
- Gold prices are predicted to rise significantly.
- When
- Wood expects the price to hit $6,600/oz in the coming months.
- Where
- Global markets
- Why
- Due to safe haven buying, geopolitical issues, and central bank purchases.
- Current Gold Price (approx.)
- $3,745/oz
- Predicted Gold Price
- $6,600/oz
- Projected Percentage Increase
- 76%
- Analyst
- Christopher Wood, Jefferies
- Gold Price Increase (CY25)
- Nearly 43%