-Three members of the Investment Strategies and Research team at Singapore Banks stated that gold prices may rise further in 2025. In a report, they mentioned that some policies of the elected USA President Trump may support gold prices in the medium to long term. These members indicated that Trump's proposed tax cuts could exacerbate concerns about the USA's budget deficit. They also noted that further increases in the USA's debt levels could worsen the country's financial situation, reducing the attractiveness of USA Assets, thus benefiting Gold. Singapore Banks maintains its 12-month target for gold prices at $2,900 per ounce and considers gold as a tool for achieving portfolio diversification. The latest spot gold price increased by 0.4%, reaching $2,634.28 per ounce.
机构：金价今年或有进一步上涨空间
Institutions: Gold prices may have further room for increase this year.
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