18.02.2025 20:30
The world-renowned bank Goldman Sachs has announced a critical date for gold investors. Highlighting the increasing gold purchases by central banks, Goldman Sachs has raised its gold price forecast for the end of 2025 from $2,890 per ounce to $3,100.
While gold investors wonder when the uncertainty will pass, a striking statement came from the world-renowned bank Goldman Sachs. The bank emphasized that the demand for gold from central banks has grown and provided a date for a record in gold.
GOLDMAN SACHS: GOLD WILL BREAK RECORD BY THE END OF THE YEAR
Goldman Sachs raised its gold price forecast for the end of 2025 from $2,890 per ounce to $3,100. The bank stated that the increase in demand from central banks would raise gold prices by 9% before the end of the year.
CENTRAL BANK PURCHASES COULD SIGNIFICANTLY RAISE GOLD PRICES
On the other hand, Goldman Sachs emphasized that if concerns about customs tariffs and political uncertainties continue to remain high, gold could rise to $3,300 per ounce by the end of the year. Goldman Sachs noted that if central banks purchase an average of 70 tons of gold per month, gold prices could reach $3,200 per ounce by the end of 2025.