“Go for Gold”: Goldman Sachs Predicts Record $3,000 per Ounce in 2025
18 November 2024
Goldman Sachs has made a bold prediction for gold in 2025, forecasting the precious metal will rally to a record high of $3,000 per ounce. The investment bank’s analysts see two primary drivers for this potential surge: increased central bank purchasing and anticipated interest rate cuts by the Federal Reserve. They’ve listed gold among their top commodity trades for the coming year, suggesting the metal could see further gains during a potential Trump presidency.
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