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China Galaxy Securities: COMEX gold has the possibility of hitting $3,500 in the second half of the year

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2025-06-29 05:10:42
China Galaxy Securities released the outlook for major asset categories in the second half of 2025: (1) Gold: COMEX gold price center may steadily break through $3,300/ounce, and even have the possibility of hitting $3,500/ounce in extreme risk scenarios. (2) Crude oil: If the geopolitical situation continues to ferment in the third quarter, transportation bottlenecks and seasonal demand season, the possibility of WTI oil prices hitting $75/barrel cannot be ruled out; in the fourth quarter, with demand weakening and OPEC + resuming supply and delivery, WTI oil price center is expected to return to around $60/barrel.
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