Through the turmoil of early 2025, driven by shocks such as the release of China’s novel DeepSeek artificial intelligence (AI) model, and the speculation and actualities of President Donald Trump’s tariffs, gold has quietly been advancing toward new all-time highs (ATH).
Indeed, while other major assets such as Bitcoin (BTC), Nvidia (NASDAQ: NVDA), and Tesla (NASDAQ: TSLA) stock have been struggling to remain level or even collapsing, the world’s biggest commodity found a new historic high above $2,905 as recently as February 10.
Despite the high being short-lived and gold trading at $2,901.49 at press time, the precious metal remains an impressive 10.53% in the green in the year-to-date (YTD) chart, and its momentum remains positive.
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Under the circumstances, Finbold consulted one of the advanced models also available through its AI price prediction tool – ChatGPT-4o – about where the most famous commodity might stand at the end of the first quarter (Q1) of 2025.
ChatGPT identifies the major Gold price drivers
ChatGPT was quick to examine gold’s performance and the factors affecting it, swiftly concluding there are three main drivers of the rally: high geopolitical tensions leading to investors to seek safe havens, the central bank buying spree ensuring consistent demand, and the current monetary policy making ‘non-yielding assets’ more attractive.
When reminded that the U.S. interest rates are unlikely to change further by the end of Q1 thus leaving gold’s opportunity cost level, the AI opined that the 2024 reductions have already ensured the momentum needed for the yellow metal to keep trading upward in the coming months.
ChatGPT sets Gold price target for the end of Q1, 2025
Indeed, ChatGPT overall assessed that the three main factors will remain in play for the foreseeable future and will keep driving the price of the commodity upward.
Following that, the AI estimated that $3,000 – a long-forecasted high – is a reasonable price target for the end of the first quarter of 2024. Looking at the recent performance, it would require gold to rally only another 3.39% in nearly two months, a plausible rise given it is already up more than 10% in just over one month.
Featured image via Shutterstock
