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Gold

Goldman Sachs Boosts Gold Target to $3,300

Gold's Historic Run Hits Pause Button | Goldman Still Targets $3,100
Gold's Historic Run Hits Pause Button | Goldman Still Targets $3,100

Goldman Sachs has raised its gold price forecast to $3,300 an ounce by the end of 2025, up from their previous target of $3,100 announced just last month.

This bullish outlook is driven by stronger-than-expected central bank purchases, particularly from emerging markets, which analysts now estimate will average 70 tons monthly (up from 50 tons).

The bank also cites solid inflows into gold-backed ETFs as investors seek hedges amid economic uncertainty created by President Trump’s trade and foreign policy agendas. Gold has already rallied 15% this year, recently breaking the $3,000 per ounce mark for the first time.

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