"Gold prices will rise further in the Trump era"..."Gold Rush" next year, too.

[Anchor]
Gold prices, which have been on a steep rise this year, are expected to continue to rise next year.

It is predicted that macroeconomic uncertainty caused by the launch of the second Trump administration will fuel the rise in gold prices.

This is Washington correspondent Kwon Jun-ki.

[Reporter]
International gold prices, which started in the $2,000-an-ounce range earlier this year, hit $2,800 at the end of October and then began adjusting after Trump's election.

Nevertheless, it is still over $2,600, with a gain of over 27% this year alone.

The record bull market is expected to be the highest gain since 2010, higher than the S&P 500 index, which gained 25%.

The Wall Street Journal reported that gold prices are expected to continue to rise next year, citing the 2025 market outlook released by large investment banks JPMorgan and Goldman Sachs.

Gold is still well positioned as a risk-averse asset, and the uncertainty surrounding the macroeconomic environment in the early days of the Trump administration is expected to call for an additional 10% hike by the end of next year.

[SAMANDA DART / Goldman Sachs Global Raw Materials Research: We believe higher tariffs and national debt will actually be the biggest risks, which could push gold prices above expectations of $3,000 at the end of next year]

Another reason for the rise in gold prices is that the intensity of sanctions against China could increase following financial sanctions against Russia.

China is becoming a strong demand for the international gold market as it tries to fill its assets with gold instead of dollar-based assets.

In a survey of central banks around the world this year by the World Gold Commission, 29% said they were willing to increase their gold holdings over the next 12 months.

This is YTN Kwon Jun-ki from Washington.