Kitco News, Released on 1/14/25

The gold market could see a short-term dip before rallying above $2,900 in 2025, according to detailed technical analysis. Kitco News speaks with Gary Wagner, editor of The Gold Forecast, who explains why gold’s next move hinges on key support levels, Elliott Wave patterns, and triangular consolidation. He also discusses the U.S. Dollar Index’s potential rise to 113 and its impact on precious metals. Wagner explains macroeconomic factors, including President-elect Trump’s proposed tariffs and their possible inflationary effects. He also highlights the movement of physical gold and silver inventories and how this could drive market volatility.

00:00 Introduction
00:52 Gold Market Analysis
01:32 Technical Analysis of Gold Trends
07:41 US Dollar Index and Its Impact on Gold
10:16 Market Sentiment and Geopolitical Factors
12:13 Silver Market Performance and Predictions
14:20 Macro Economic Outlook and Federal Reserve Policies
23:07 Impact of Tariffs on Precious Metals
28:49 Conclusion

Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of “The Gold Forecast,” a daily video newsletter. He has been a speaker for financial seminars including Futures West and the Dow Jones Financial Symposium which travels throughout the world.. Coauthor of “Trading Applications Of Japanese Candlestick Charting” a John Wiley publication.

  economy, gary wagner, gold, inflation, investing, silver