Gold Price Soars, Year-End Forecast Up to $3100 [3-Minute Brief]

① Gold prices projected to reach $3,100 due to Trump’s tariff policies
② Mortgage loans, which lag housing transactions by 2-3 months, unlikely to surge in Q1
③ Record largest decline in jobs for people in their 20s and 40s

MARKET INDEX

○FOMC minutes suggest rate hike pause as expected

○"Trade and immigration policies hinder disinflation"

○Trump: "Tariffs on cars, semiconductors, and pharmaceuticals over 25%"

TOP 3 NEWS

■ Gold prices soaring... heading to $3100 by year-end

○Goldman Sachs raises gold price forecast from $3000 to $3100
○Trump's tariff policies likely to boost gold prices
○Could reach as high as $3300

■ Despite 'record high household debt'... reasons for 'stable' analysis

○Debt size grows along with expanding economy
○97.3% at end of 2022 → 93.6% at end of 2023 → 90.8% at end of Q3 2024
○Mortgage loans fluctuate again... but housing sales transactions 'slow'

■ Jobs frozen by domestic demand chill... 'record largest' decline in 20s and 40s age groups

○Increased by 20.788 million in Q3 last year
○Smallest increase since Q2 2020
○"Jobs for people in their 20s are not being created well"

Graphic News: Must buy gold bars and silver bars 'restless'... what if you couldn't get them

○Available for purchase at NongHyup and Shinhan Bank as of the 17th

○Gold banking and silver banking are alternatives

○KRX Gold Market and ETF investments also noteworthy

Money-Making Law

■ Inheritance tax 50% if assets exceed 3 billion KRW, elderly wealthy choose 'tax-saving divorce'

○Overall divorce cases decrease
○But increasing trend among those over 70
○“Deciding on divorce to avoid taxes”
☞Read article: https://www.asiae.co.kr/article/lawtimes/2025021913214310315

■ Repeatedly posting others' personal information on YouTube is 'stalking'

○Posting others' photos and real or fake names repeatedly on YouTube
○Considered stalking if broadcasted repeatedly
○Recognized as continuous posting against victim's will
☞Read article: https://www.asiae.co.kr/article/lawtimes/2025021913300850993

■ "This station is Law Firm ○○"

○Displayed on subway networks in Busan, Daegu, and Daejeon
○Network law firm names shown
○Local lawyers view this unfavorably
☞Read article: https://www.asiae.co.kr/article/2025021913463014655

※ 'Money-Making Law,' a content partnership corner between Asia Economy and Law Times, is published every Tuesday and Thursday.

Today's Key Schedule

○Domestic

KOSDAQ MotiveLink listing, final public offering price 6,000 KRW

KOSDAQ Daejin Advanced Materials subscription, 10,900 KRW ~ 13,000 KRW

○Overseas

04:00 US Federal Open Market Committee minutes

16:00 Germany Producer Price Index (MoM) (January)

22:30 US Initial Jobless Claims

22:30 Canada New Housing Price Index

◇Lunch & Commute Weather

○ Lowest temperature -7℃(0℃) ｜ Highest temperature: 1℃(0℃)
○ Precipitation probability 0% in the morning｜0% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.