Gold expected to hold $3,400–$3,600/oz; silver seen at $40–$42/oz for rest of 2025: Axis MF
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Axis Mutual Fund projects gold prices to range between $3,400 and $3,600 per ounce and silver between $40 and $42 per ounce for the remainder of 2025. Silver-backed ETFs saw inflows of 95 million ounces in the first half of 2025, surpassing 2024's total. Gold is near record highs at $3,475 per ounce, driven by a weaker US dollar and expectations of Federal Reserve rate cuts. Silver, at $40 per ounce, is at a 13-year high, supported by industrial demand and investment flows. Both metals are seen as essential for portfolio diversification amid global uncertainty.
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