Speaking to the Investing News Network, Alain Corbani, head of mining of Montbleu Finance and manager of the Global Gold and Precious Fund, recapped gold’s 2024 performance and looked forward to 2025.
His price target for the year ahead is US$3,000 per ounce, and in his view, the direction of interest rates in the US will be the most important factor to watch. When it comes to silver, he’s expecting even more volatility than usual.
Corbani also shared his thoughts on the gold stocks, explaining why they aren’t rising across the board yet.
“The sector has not performed in a homogenous way — it hasn’t. It only performs in a homogenous way at the end — at the peak of a cycle,” he explained during the conversation. “For those who don’t know where we stand, I can tell them already that we are not at the peak of the cycle — we are far from the peak of the cycle.”
Watch the interview above for more of Corbani’s thoughts on gold and silver in 2025.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Leave a Reply