Goldman Sachs Predicts Gold Surge as Central Banks Boost Reserves
TL;DR Summary
Goldman Sachs predicts gold prices will reach a record high by 2025, driven by increased central-bank purchases and anticipated US interest rate cuts. The bank's analysts, including Daan Struyven, have set a target of $3,000 per ounce by December 2025, citing both structural demand from central banks and cyclical boosts from exchange-traded fund flows as the Federal Reserve reduces rates.
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