Gold’s historic run is far from over, according to recent comments from Blue Line Futures. The US-based finance broker remains long on the yellow metal as prices hold firm above $3,000. While refraining from giving a definitive forecast, analysts floated the idea of $3,500 as a realistic price target. The firm highlights gold price momentum and de-dollarization trends as foundational drivers supporting the rally.
Sticking With Gold
In an interview with Yahoo News! Morning Brief, Head of Research at Blue Line Futures, Daniel White, confirmed the company’s bullish gold outlook. Following a string of record highs throughout 2024 and the beginning of 2025, the firm is “sticking with [its] longs” for gold price targets.
Blue Line Futures joins a rising faction of experts boosting their 2025 gold price targets, especially following the passing of the $3,000 barrier.
“Riding the Momentum”
The sheer scale of the gold rally is a core catalyst behind the firm’s optimistic outlook. As White indicates, “We’re kind of riding the momentum here.” Inertia is a real factor as higher prices boost investor confidence, concentrate market focus, and attract more capital. Every psychological barrier the yellow metal passes serves as a platform that can support more investors and greater inflows.
De-Dollarization Trends
Blue Line Futures further bases its elevated benchmark on the continuation of the de-dollarization trend. A confidence-crushing mix of ballooning national debt, tariff-fueled trade wars, and USD weaponization has pushed many nations to loosen their economic ties with America. The resulting de-dollarization process is a direct boon to gold prices as nations turn to physical gold to stabilize their currencies and economies.
White’s forecast aligns with a growing number of experts who expect governments to continue favoring gold over USD in 2025. Over the past three years, central bank gold demand has exceeded 1,000 tons, signaling sustained consumption. UBS is projecting national purchases to remain strong in 2025 at around 900 tons, which could buoy gold prices.
Resurgence of Dollar Strength
The dollar has been buckling under the weight of mounting national debt, a global de-dollarization movement, and an unraveling trade war–factors that benefit gold prices. However, Blue Line Futures highlights a “resurgence of dollar strength” as a potential headwind for the yellow metal’s rally.
Although the economic and geopolitical odds are stacked against the USD, a potential reversal in trade policy and a stock market boom could reverse the dollar’s course to the upside. While White keeps his eyes on this possible development, most indicators suggest more barriers for the dollar. Waning consumer confidence, falling consumer spending, and lowering GDP forecasts paint a bleak picture for sustained dollar momentum, reinforcing gold’s appeal as a defensive asset in uncertain times.
Too Late to Join?
When asked whether investors had missed their chance to join the rally, Daniel White was clear: “not at all”. The Blue Line Future’s target of $3,500 represents a robust increase from current prices. Some experts are even more emphatic that investors haven’t missed the golden boat, with some now predicting $4,000 on the horizon.