Gold Price News: USD 2,625 - Market start 2025 with mixed signals

The gold price starts 2025 at USD 2,625 per troy ounce. The markets are stable as investors price in the results of a strong 2024 and at the same time assess the first signals for the coming year.

In view of the geopolitical and economic challenges, analysts see the stable gold price as a sign of continued high demand for safe investments.

While the USA is accompanying the turn of the year with a debate about President-elect Donald Trump's plans, the conflict in Ukraine remains a dominant topic. Ukraine reports further progress in securing its buffer zone in Kursk Oblast at the start of the year, which prevents Russian troops from being deployed in strategic positions.

However, the situation in eastern Ukraine continues to deteriorate due to Russian drone attacks, including an incident in the Kherson region in which civilians were affected. Geopolitical uncertainty continues to support the gold price.

Technical indicators such as the Relative Strength Index (RSI) point to a neutral market situation. The next resistance lies at USD 2,640, while support remains at USD 2,600. A breakout in either direction could influence the short-term market movement.

The start to the year shows that gold remains in demand as a safe investment. Analysts are forecasting a possible increase in the price of gold to up to USD 3,000 per troy ounce, but are warning against the market overheating. The monetary policy decisions of the central banks and geopolitical developments will be decisive.