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Monday, December 23, 2024

Goldman Sachs: Gold to Reach $3,000 in 2025



Goldman Sachs predicts gold prices could soar to $3,000 per ounce by the end of 2025, despite potential increases in the U.S. dollar’s value. This forecast is based on expected interest rate cuts, heightened global uncertainty, and continued central bank buying. The analysts argue that gold can rally alongside a stronger dollar, challenging conventional wisdom. They cite factors such as Fed rate cuts, geopolitical tensions, and strategic diversification by key buyers like China as drivers for gold’s potential surge.



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