Gold prices have surged to a new all-time high, reaching over $2,600 per ounce, with analysts predicting they could climb as high as $3,000 by 2025. The recent rally in gold prices has been fueled by expectations of a significant rate cut from the Federal Reserve, which has led to increased investor interest in the precious metal as a hedge against inflation and economic uncertainty. Additionally, strong performance in related markets, such as uranium stocks, and ongoing geopolitical tensions are contributing to the bullish sentiment surrounding gold. Major financial institutions warn that the potential for a continued dollar decline could drive gold prices even higher in the coming months, while some analysts caution that a modest rate cut might prompt a temporary dip in prices. Overall, the outlook remains optimistic, with gold frequently being referred to as an 'all-weather hedge' amidst fluctuating market conditions.