Reported 2 days ago
Goldman Sachs has raised its end-2025 gold price forecast from $3,300 to $3,700 per ounce, expecting the price to range between $3,650 and $3,950 due to increased demand from central banks and ETF inflows driven by recession fears. If a recession occurs, gold prices could surge to $3,880 per ounce, but stronger-than-expected economic growth could bring it down to $3,550 per ounce.
Source: YAHOO