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>>TD Securities analysis predicts a forthcoming jump in gold prices to fresh highs, driven by debasement trade signals.

TD Securities analysis predicts a forthcoming jump in gold prices to fresh highs, driven by debasement trade signals.

crypthub

about 11 hours ago

Gold Forecast Overview

TD Securities expects gold to break current resistance and climb to new highs by 2025. The view is based on a “debasement trade” that ties fast money‑supply growth to gold appreciation. Their model forecasts about a 25 % rise, targeting $2,800 per ounce within 18‑24 months.

Debasement Trade and Historical Drivers

Monetary debasement—excessive fiat expansion that erodes purchasing power—has historically preceded gold spikes, seen in the 1970s and post‑2008 eras. TD monitors balance‑sheet expansion in the U.S., Eurozone and Japan, finding a strong link with gold undervaluation. Low real rates, ongoing QE and a weakening dollar create a structural bias toward higher gold prices.

Investment Implications and Scenarios

The bank recommends diversified gold exposure through physical bullion, mining equities and ETFs. Base‑case pricing is $2,800/oz, while a bullish scenario could reach $3,200‑$3,500 and a bearish range $2,100‑$2,400. Central‑bank buying, retail demand and steady jewelry sales reinforce the upside, so investors should allocate gold within broader portfolios.