Gold investment firm Incrementum has published its annual report, ‘In Gold We Trust,’ for 2025. The report predicts gold prices will reach $2,942 by the end of 2025 in a basic scenario and $4,800 by year-end 2030. Under an inflationary scenario, gold is projected to exceed $4,080 by the end of 2025 and soar to $8,900 by 2030. The report notes that gold prices have already surpassed the target for the end of 2025 in reality. 2025 marks a notable milestone for Bitcoin as well, with its market value exceeding $1.9 trillion, representing 8% of gold’s market value at the time of writing. Incrementum estimates that by 2030, Bitcoin’s market value could reach a significant 50% of gold’s. If gold reaches $4,800, Bitcoin would need to climb to roughly $900,000.