Gold rate today: Why is it above $3,000 and what are top banks predicting next for 2025?

Gold rate today in the US has crossed the $3,000 mark, and it’s got everyone—from casual investors to big banks—talking. With today’s gold price at $3,007.79 per ounce, rising inflation, global tensions, and talk of rate cuts are pushing demand higher. Big names like HSBC, Bank of America, and Citigroup have raised their 2025 projections, seeing gold touch up to $3,300 in some cases.