Reported 5 days ago
Goldman Sachs forecasts that gold prices will reach a record high in 2025, driven by increased buying from central banks and anticipated interest rate cuts by the Federal Reserve. Analysts project prices could hit $3,000 per ounce by December 2025, supported by a surge in demand from official sectors and investment flows into exchange-traded funds. The outlook highlights potential stability in gold backed by economic uncertainties and governmental policies under the Trump administration.
Source: YAHOO