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The Footsie and Gold – well those did not take too long to be achieved – where to now?

  • Writer: Mark Watson-Mitchell
    Mark Watson-Mitchell
  • 6 days ago
  • 1 min read

Mark Watson-Mitchell – 08.10.2025

 

Less than a month ago, on Friday 12th September, I commented that both the FTSE-100 and Gold were continuing their upward climbs into new High territory.


At that time the FTSE was standing at 9,335.16, while Gold Futures were $3,685.50.


My Views Then


For the FTSE-100 my opinion was that 9,500 was the next hurdle to be crossed, with a leap toward the 10,000 level being yet another goal for investor achievement before 2025 is over.


As for the precious metal – I reckoned that $4,000 had to be the target for Gold Futures, possibly before the end of 2025 - probably being driven by cautious investors protecting their values as international conflicts build up global pressure points.


I Was Too Cautious!


My predictions prior to the end of 2025 have been well and truly beaten in less than a month’s time.


As I write, the FTSE is standing at 9,521.66, nearly 2% better.


While Gold Futures are now $4,063.10, some 10.25% up since that feature.


My View Now


I still see the FTSE-100 edging up to 10,000, hopefully within months.

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And as for Gold Futures – well I can foresee a slight easing back, as the values ebb and flow so taking the contract price so much higher – with $4,250 being the next ‘easy’ Target, possibly even before the end-November Budget.

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