An artificial intelligence (AI) model is predicting a mixed outlook for gold heading into the end of June, even as the metal continues pushing toward new highs following a strong run in 2025.
Notably, gold has climbed more than 25% year-to-date but recently pulled back after the latest U.S. Nonfarm Payrolls (NFP) report showed ongoing labor market strength. In May, the economy added 139,000 jobs, exceeding expectations of 130,000.
At the same time, the 2025 rally has largely been driven by uncertainty surrounding U.S.-China trade tensions and broader geopolitical risks, which introduced massive volatility in equity markets.
However, gold extended losses on Friday after a call between Chinese President Xi Jinping and his U.S. counterpart, Donald Trump, helped ease immediate fears of a trade war. While underlying concerns remain, the conversation briefly calmed investors’ nerves.
By press time, gold was trading at $3,309, down 1.28% on the day but still up 26% for the year.
AI predicts gold price
Looking ahead to June 30, OpenAI’s ChatGPT projects that, based on current economic data and market trends, gold could trade between $3,210 and $3,440 per ounce.
If bullish drivers persist, such as inflationary pressures, geopolitical instability, or central bank gold purchases, the AI model estimates the metal could climb another 4%, reaching up to $3,442.
On the other hand, if profit-taking sets in or interest rates rise and a stronger U.S. dollar gains traction, prices could dip around 3%, falling to about $3,210.
In a more neutral scenario, with no major market disruptions, gold is expected to consolidate, trading in a tighter range between $3,277 and $3,343.
Overall, the AI model suggests a relatively stable outlook for gold, which continues to eye a potential retest of its record high near $3,500.
Featured image via Shutterstock
