FreshForex shares outlook for gold market
FreshForex forecasts further growth in gold prices
FreshForex, a leading online broker, reports that the price of gold (XAU/USD) has reached a new all-time high, surpassing $3,050 per ounce. This milestone highlights the growing appeal of gold as a safe-haven asset amid intensifying geopolitical tensions and economic uncertainty.
According to FreshForex analysts, the recent surge in gold prices has been driven by several global factors. The ongoing conflict in the Middle East, particularly following Israeli airstrikes on Hamas targets in Gaza, has significantly increased market volatility. In response, investors are turning to gold to safeguard their capital.
Another key factor is the deteriorating economic outlook in the United States. Disappointing retail sales data for February — with growth of just 0.2% compared to the expected 0.7% — has heightened concerns about a potential recession. Additionally, prolonged trade wars with China, Canada, and Mexico continue to shake global markets, further boosting gold prices.
Forecasts and market dynamics
FreshForex notes that April gold futures are currently hovering around $3,000 per ounce. Since the beginning of 2025, gold has gained over 14%, reinforcing its role as a reliable hedge against economic instability.
Leading investment banks also forecast continued price growth. UBS Group expects gold to reach $3,200 by the end of the year, while Macquarie Group projects a surge to $3,500 in the second quarter. BNP Paribas predicts gold will maintain an average price above $3,000 throughout 2025.
FreshForex emphasizes that gold continues to show resilience amid rising global risks, strengthening its position as the ultimate store of value. Traders are encouraged to take advantage of this trend and explore new opportunities in precious metals trading.
Bonuses and trading opportunities from FreshForex
As part of its client support initiatives, FreshForex is offering an exclusive 202% deposit bonus for traders who deposit over $202 using the promo code 202GOLD. This limited-time offer allows clients to boost their capital and trade with triple funding.
FreshForex also offers access to over 270 trading instruments, including CFDs on metals, with leverage of up to 1:2000. Traders looking to diversify their portfolios during uncertain times can benefit from the broker’s robust tools and favorable trading conditions.
It is worth noting that from March 1, 2024, to April 30, 2025, FreshForex is also offering a 10% bonus on first deposits made in cryptocurrency.
