Goldman Lifts Gold Price Target to $3,100 as Central Banks Buy More
Goldman Sachs has raised its forecast for the gold price to $3,100 per ounce by the end of 2025, up from its earlier projection of $2,890. This upward revision reflects stronger-than-expected demand from central banks, most notably from China, which analysts now expect to sustain monthly purchases of roughly 50 tonnes. Analysts at Goldman Sachs … Read more