X
Century is regulated by the Securities and Commodities Authority. CFDs are leveraged products that incur a high level of risk. Know more
Investment Consultancy Research

GOLD
OUTLOOK

May 2025

Still shining bright as uncertainty lingers

Unlock Report

Gold

Fill in details to unlock the report

x

MU Live Account

  • Please enter a valid first name
  • Please enter a valid last name
  • Enter valid phone

Current price

Gold is trading around $3,200/oz, just below April’s record highs.

While it saw a minor pullback, the bigger trend remains upward.

Why Gold still looks bullish?

Inflation is easing; but still sticky

Global inflation has cooled but remains above central bank targets. That keeps gold attractive as a long-term inflation hedge.

Rate cuts may be coming

Markets expect the Federal Reserve to cut rates later this year. Lower interest rates reduce the appeal of bonds and boost non-yielding assets like gold.

Uncertainty remains high

Even with temporary relief in U.S.-China trade tensions, risks like the Russia-Ukraine conflict, unrest in the Middle East, and global elections keep demand for safe havens strong.

Central banks are stacking gold

Emerging markets — especially China and India — are buying record levels of gold, both for reserve diversification and to reduce reliance on the U.S. dollar.

Supply remains tight

New gold production isn’t growing much. This tight supply helps support prices especially with consistent demandfrom retail investors, ETFs, and central banks.

Risks to watch

icon
A stronger U.S. dollar and rising Treasury yields also tend to weigh on gold prices short term.
icon
If inflation cools faster than expected, and the Fed delays rate cuts, gold may lose near-term momentum.

The technical view

Gold continues to make higher lows and higher highs, indicating strong bullish momentum. Unless key support levels break (around $3,100), the long-term uptrend remains intact.

Elevate your trading experience with
Century Trader

Elevate your trading experience with
Century Trader

Investor takeaway

Gold continues to offer a compelling case as a portfolio diversifier, inflation hedge, and safe-haven asset. With macro risks still in play, central banks buying, and potential rate cuts on the horizon, the metal remains a strong candidate for long-term allocations.

DID YOU KNOW?

“Gold is up nearly 25% year-to-date, outperforming most global equity indices.”

DISCLAIMER: Century Financial Consultancy LLC (CFC) is licensed and regulated by the Securities and Commodities Authority (SCA) of the UAE under license numbers 20200000028 and 301044 to carry out the activities of Trading Broker in international markets, Trading Broker of OTC derivatives and currencies in the spot market, Introduction, Financial Consultations, and Promotion. CFC is incorporated under UAE law, registered with the Dubai Economic Department (No. 768189), with its office at 601, Level 6, Building No. 4, Emaar Square, Downtown Dubai, UAE, PO Box 65777.

Terms and Conditions of Access

By accessing and continuing to use the Publication (which includes this document, flyer, charts, diagrams, illustrations, images, calculations, scenario analysis, and related data or content), you confirm that you have read, understood, and agreed to the terms of this Disclaimer.

CFC reserves the right to amend or update the Publication and this Disclaimer at any time without prior notice. Continued use following any such update constitutes your acceptance of the revised terms. If you do not agree with these terms, please discontinue use of the Publication.

Purpose and Intended Use

This Publication is classified as marketing material and should not be regarded as independent investment research. It is provided for informational, educational, and illustrative purposes only and does not constitute investment advice, a recommendation, an offer, or a solicitation to buy or sell any financial instruments or services. All views expressed are general market commentary and may not reflect the opinions of CFC as a whole.

Risk Disclosures and Limitations

The information presented does not cover all the risks associated with the products or scenarios discussed. Please refer to the full Risk Disclosure Statement available on our website.

This Publication reflects information available at the time of preparation and does not account for subsequent developments. Any forward-looking statements involve assumptions and uncertainties; actual outcomes may differ materially. CFC does not guarantee the accuracy, completeness, or reliability of the information and disclaims liability for any action taken based on it.

No Offer or Contractual Commitment

No part of this Publication constitutes an offer, agreement, or commitment to enter into any transaction. Distribution of this Publication does not oblige CFC to engage in any trade or provide any services. Product names or terms may differ across platforms or providers.

This material should not be interpreted as legal, regulatory, tax, accounting, or credit advice. Recipients should seek independent professional advice and assess their own financial situation, objectives, and risk profile before making investment decisions.

Data Sources and Interpretation

This Publication may rely on publicly available data, third-party information, or model-based assumptions. CFC makes no representation or warranty as to their accuracy or completeness. Data limitations, errors, or outdated inputs may impact the reliability of projections or scenarios. Names of financial products may differ from those used on trading platforms.

Use, Reproduction, and Analyst Disclosure

This Publication is intended solely for the recipient’s informational use. It may not be copied, transmitted, or distributed in any form, wholly or partially, without prior written permission from CFC.

Analyst Declaration: The Analyst(s) certifies that all opinions expressed in this Publication represent their own independent views and that reasonable care was taken to ensure objectivity. They do not hold securities in the companies mentioned, and their compensation is not linked to the views expressed. CFC’s research and marketing divisions operate independently.

Trading Risk Warning:

Trading in financial products involves significant risk. Leveraged OTC derivatives such as Contracts for Difference (CFDs) and spot forex contracts carry a high risk of loss, potentially exceeding initial deposits, and may not be suitable for all investors. These instruments do not confer ownership of underlying assets. Investors must carefully evaluate their investment objectives and risk tolerance, and consult independent advisors where appropriate.

©2025 Century Financial Consultancy LLC. All Rights Reserved.