Reported about 17 hours ago
Gold is expected to rise to $5,000 next year, according to Goldman Sachs, particularly if the Federal Reserve's independence is threatened. Analysts note a current 5% increase in gold prices, backed by expectations of Fed interest rate cuts and potential inflation due to policy changes. They recommend investors diversify into commodities, especially gold, which has outperformed other assets like the S&P 500 and Bitcoin this year.
Source: YAHOO