Reported about 1 month ago
Goldman Sachs analysts advise investors to consider gold as a primary investment due to its strong performance and potential for further gains. With current gold futures priced above $2,515 per ounce and a forecasted target of $2,700 by 2025, gold is seen as a safe haven against geopolitical and financial uncertainties, especially in light of expected Federal Reserve rate cuts. Central bank purchases and recent geopolitical tensions further support this bullish outlook.
Source: YAHOO